Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 526

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 6
Chunk 526
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 these warrants was $0.41. The value of the warrants on the date of grant, as calculated by the Black-Scholes-Merton
valuation model was $435,199. The inputs used in this calculation included a fair value of the underlying common stock of $0.409 per
share, a risk-free of 4.43%, volatility of 83.74%, and a dividend rate of 0%.

10b5-1
Trading Plans

During
the fourth quarter of fiscal 2024, none of our directors or officers (as defined in Rule 16a-1(f) of the Exchange Act) informed us of
the adoption or termination of a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,”
each as defined in Item 408 of Regulation S-K.

Item
9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections

Not
Applicable.

PART
III

ITEM
10: DIRECTORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE

Identification
of Directors and Executive Officers

Our
executive officer and directors’ positions and biographical information are set forth below.

    Name
     
    Positions
    Held
     
    Date
    of Election or Designation
  
    Kraig
    T. Higginson
     
    Chairman
    of the Board
     
    1/12/2015
  
    Glenn
    S. Dickman
     
    Director
     
    12/6/18
  
    Stephen
    E. Quesenberry
     
    Director
     
    12/6/18
  
    Randall
    F. Pearson
     
    President
     
    03/29/13
  
    Randall
    F. Pearson
     
    Principal
    Executive Officer
     
    03/29/13
  
    Randall
    F. Pearson
     
    Principal
    Financial Officer
     
    03/29/13
  
    Randall
    F. Pearson
     
    Director

    04/01/13

The
Board of Directors has set the size of the Company’s Board of Directors at four, which is within the number allowed by our Bylaws.

31

Director
Qualifications

In
evaluating members for services on the Board of Directors, emphasis was placed on the following factors: (