Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 116

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 1A
Chunk 116
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 price
of $0.001 per share for a period of 10 years from the date of issue to the Seller of Digifonica pursuant to the Anti-Dilution Clause
of the amended SPA. The following assumptions were used for the Black-Scholes valuation of these warrants on grant date as follows: risk-free
rate of 4.21%, expected life of 10 years, annualized historical volatility of 144.84% and a dividend rate of 0%. Expected volatilities
are based on the historical volatility of the Company’s stock and other factors. The weighted-average fair value per warrant is
$0.018. During the year ended September 30, 2024, share issuance cost of $2,431,780 was recorded within the additional paid-in capital
account.

During
the year ended September 30, 2023, on June 30, 2023, the Company issued 831,466,899 warrants recorded as a share issuance cost to purchase
common shares at a price of $0.001 per share for a period of ten years from the date of issue to its directors, officers, employees and
consultants. The following assumptions were used for the Black-Scholes valuation of these warrants on grant date as follows: risk-free
rate of 3.81%, expected life of 10 years, annualized historical volatility of 143.75% and a dividend rate of 0%. Expected volatilities
are based on the historical volatility of the Company’s stock and other factors. The weighted-average fair value per warrant is
$0.046.

During
the year ended September 30, 2022, on May 30, 2022, the Company issued 410,000,000 warrants to purchase common shares at a price of $0.025
per share for a period of five years from the date of issue to its directors, officers, employees and consultants. On April 24, 2023,
410,000,000 warrants granted on May 30, 2022, were modified to become fully vested and re-priced all such warrants from $0.025 to $0.005.
The following assumptions were used for the Black-Scholes valuation of these warrants on modification date as follows: risk-free rate
of 3.60%, expected life of 4.10 years, annualized historical volatility of 174.16% and a dividend rate of 0%. Expected volatilities are
based