Company: GEDC
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001641172-25-002190
Chunk: 349

Company: CalEthos, Inc.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 2
Chunk 349
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 group 

    (5 persons) 
     28,823,273  
     79.8%

    (1)
    As
    of March 15, 2025, there were 25,730,540 shares of common stock outstanding. Except as indicated in the footnotes to this table, we believe
    that all persons named in the table have sole voting and investment power with respect to all common stock shown as beneficially
    owned by them. In accordance with the rules of the Securities and Exchange Commission (the “Commission”), a person or
    entity is deemed to be the beneficial owner of common stock that can be acquired by such person or entity within sixty (60) days
    upon the exercise of options or warrants or other rights to acquire common stock. Each beneficial owner’s percentage of ownership
    is determined by assuming that options and warrants that are held by such person (but not those held by any other person) and which
    are exercisable within sixty (60) days have been exercised. The inclusion herein of such shares listed as beneficially owned does
    not constitute an admission of beneficial ownership.

25

    (2)
    Represents (i) 8,854,199 shares of common stock owned of record by M1 Advisors
LLC, a company controlled by Michael Campbell, (ii) currently-exercisable warrants to purchase 3,545,801 shares of common stock owned
of record by M1 Advisors LLC, (iii) currently-exercisable stock options to purchase 500,000 shares of common stock owned by M1 Advisors
LLC, and (iv) currently-exercisable stock options to purchase 166,667 shares of common stock owned by Michael Campbell. The address of
Michael Campbell and M1 Advisors LLC is 11753 Willard Avenue, Tustin, CA 92782. Mr. Campbell has sole voting and investment power over
the shares held by M1 Advisors LLC.

    (3)
    Represents currently-exercisable stock options to purchase 583,333 shares
of common stock owned by Joel Stone.

    (4)
    Represents
    shares of common stock owned of record by DSS Consulting Corporation, a company controlled by Dean Skupen. DSS Consulting Corporation’s
    address is 30 N Gould Street, Suite 12829, Sharidan, WY 82801 Mr. Skupen has sole voting and investment power over the shares held
    by DSS Consulting Corporation