Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 177

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 2
Chunk 177
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2024, on April 25, 2024, the Company issued 203,000,000 warrants to purchase common shares at a price of
$0.005 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 4.70%, expected life
of 10 years, annualized historical volatility of 136.81% 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 $0.013.

During
the year ended September 30, 2024, on January 12, 2024, the Company issued 137,091,089 warrants to purchase common shares at a 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