Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 520

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 6
Chunk 520
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0%.

During
the year ended March 31, 2024 the Company issued 264,600 warrants to the Chairman of the Board of Directors and 120,000 warrants to Radiant
Life, LLC in conjunction with monies borrowed during the period (see Note 6) per the terms outlined above. The exercise price of these
warrants was $1.05. The value of the warrants on the date of grant, as calculated by the Black-Scholes-Merton valuation model was $365,502.
The inputs used in this calculation included a fair value of the underlying common stock of $1.049 per share, a risk-free between 3.62%
and 4.31%, volatility between 142.23% and 148.56% and a dividend rate of 0%.

The
following table summarizes the warrants issued and outstanding as of March 31, 2025:

 SCHEDULE OF WARRANTS ISSUED AND OUTSTANDING

    Exercise Price ($)  
    Warrants Outstanding  
    Warrants Exercisable  
    Weighted Average Remaining Contractual
    Life (Years)  
    Proceeds to Company if Exercised 

     0.05  
     2,006,754  
     2,006,754  
     0.58  
    $100,339 
  
     0.35  
     3,310,000  
     3,310,000  
     3.87  
     1,158,500 
  
     0.41  
     3,579,579  
     3,579,579  
     4.26  
     1,467,627 
  
     1.05  
     5,049,790  
     5,049,790  
     2.48  
     5,302,280 
  
     2.00  
     50,000  
     50,000  
     1.34  
     100,000 
  
     5.00  
     500,000  
     500,000  
     1.82  
     2,500,000 

     14,496,123  
     14,496,123  
        
    $10,628,746 

The
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