Company: PETVW
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001641172-25-018617
Chunk: 1228

Company: PetVivo Holdings, Inc.
Filing Date: 2025-07-10
Form: 10-K
Item: Item 9A
Chunk 1228
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 average price of the common stock for the prior trading ten (10) day period from the date the quarterly
dividend is owed, or ii) fifty cents ($0.50). Also, non-cumulative dividends may be paid when, and if declared by the Company’s
board of directors. As of March 31, 2025, there were no dividends declared.

Upon
any liquidation, dissolution or winding up of the Company, whether voluntary or involuntary, no distributions of available funds and
assets will be made to the holders of Common Stock until the holders of Series B Preferred Stock and Series A Preferred Stock receive
a per share amount equal to the original issue price.

Common
Stock

During
the year ended March 31, 2025, the Company issued a total of 7,122,917
shares of common stock and canceled 25,000
shares, as detailed below:

    i)
    1,889,434 shares
    in connection with the sale of stock in April and May 2024 in exchange for proceeds of $1,322,600 at a price of $0.70 per share;
  
    ii)
    430,798 shares in April
    2024 in connection with the conversion of a convertible note plus interest in exchange for proceeds of $301,558 at a price of $0.70
    per share;
  
    iii)
    320,000
    shares in April 2024 to service providers for consulting services fair valued based on the market price on the date of grant of
    $173,400;
  
    iv)
    56,000
    shares in May 2024 to service providers for consulting services fair valued based on the market price on the date of grant of $40,760;
  
    v)
    150,000 shares related
    to vesting of restricted stock units (“RSUs”), vesting in April 2024;
  
    vi)
    120,000
    shares in July 2024 to service providers for consulting services fair valued based on the market price on the date of grant of
    $56,020;
  
    vii)
    5,000 shares related to
    vesting of restricted stock units (“RSUs”), vesting in July 2024;
  
    viii)
    37,312 shares related to
    vesting of restricted stock units (“RSUs”), vesting in September 2024;