Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 456

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 6
Chunk 456
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ell Avenue #310, Miami, FL 33131, and is available on our website at www.rhinobitcoin.com.
Any waiver of the provisions of the Code of Ethics for executive officers and directors may be made only by the Board of Directors. Any
such waivers will be promptly disclosed to our shareholders.

Changes
in Nominating Procedures

None.

Insider
Trading Policies

We
have not adopted an insider trading policy governing the purchase, sale, and other dispositions of our securities by directors, senior
management, and employees.

Item
11. Executive Compensation

During
its last two fiscal years, Phoenix Plus did not pay any compensation to its officers or directors.

Employment
Agreements

Rhino
Digital is party to an employment agreement with Lyle Hauser, dated June 24, 2024. Pursuant to the employment agreement, Mr. Hauser serves
as Rhino Digital’s chief executive officer. The agreement had a one-year initial term and renews automatically for successive one-year
terms, subject to the right of either party to terminate the agreement upon written notice. Mr. Hauser received a signing bonus of $50,000
and receives a monthly salary of $30,000. Mr. Hauser also received ten-year options for the purchase of 1,000,000 shares of common stock
of Rhino Digital at an exercise price of $0.36, which were converted into the options for the shares of common stock of the Company in
accordance with the Merger Agreement.

Outstanding
Equity Awards at Fiscal Year-End

Phoenix
Plus had no outstanding equity awards as of July 31, 2025.

Risk
Management

The
Company does not believe risks arising from its compensation policies and practices for its employees are reasonably likely to have a
material adverse effect on the Company.

15

Item
12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

The
following table sets forth certain information regarding the ownership of common stock and Series A Preferred Stock as of November
11, 2025, by (i) each of our executive officers and directors, (ii) all of our directors and executive officers as a group, and
(iii) any person or group as those terms are used in Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), believed by us to beneficially own more than 5% of our common stock