Company: KWIK
Filing Date: 2025-03-04
Form Type: DEF 14C
Source: 0001683168-25-001327
Chunk: 6

Company: KwikClick, Inc.
Filing Date: 2025-03-04
Form: DEF 14C
Chunk 6
---
 such as acquisitions, and                                                                          |
| · | Address other corporate needs as they arise, all without the time and expense of convening a shareholder meeting to authorize additional 
 shares.                                                                                                                                  |

| 3. | Positioning for Uplisting: One of the Company’s strategic goals is to have its securities listed on NASDAQ or another                  
 national stock exchange. A higher stock price is often a prerequisite for such listings. By reducing the number of outstanding shares, 
 the reverse split is expected to have the effect of increasing the market price of the Company’s common stock, thereby improving       
 the Company’s eligibility for listing on a national exchange.                                                                          |

Management believes these benefits will collectively strengthen
the Company’s financial position, enhance shareholder value, and support the Company’s long-term strategic objectives.

Effect of the reverse stock split

The reverse stock split will not alter the rights of existing stockholders,
nor will it result in the elimination of any stockholder. Fractional shares will not be issued; instead, any fractional shares will be
rounded down to the nearest whole share, with no stockholder holding fewer than one share. However, stockholders with fewer than 100 shares
of common stock may experience higher commission costs relative to the value of their shares when selling, potentially resulting in transaction
costs exceeding the value of the shares sold.

The reverse stock split is not being undertaken as part of any anti-takeover
strategy. The decrease in authorized shares of common stock did not arise from any knowledge of specific efforts to accumulate the Company’s
securities or to gain control through a merger, tender offer, proxy solicitation, or similar actions. Furthermore, this action was not
intended to frustrate any such efforts or to prevent another party from acquiring a controlling interest or seeking representation on
the Board of Directors.

The issuance of additional shares of common stock following the reverse
split could dilute earnings per share as well as the equity and voting power of existing stockholders. Such issuance may also adversely
impact the market price of our common stock. However, if additional shares are issued in connection with favorable business opportunities,
such transactions could enhance the market price of our stock.

Stockholder Rights:

| · | Voting Rights: Each share of common stock entitles the holder to one vote on all matters submitted to a vote of stockholders.                  |
| · | Dividends: Holders of common stock are entitled to receive dividends, if and when declared by the Board of Directors, out of                   
 funds legally available for distribution