Company: SATT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002119
Chunk: 219

Company: SATIVUS TECH CORP.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 219
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5
  
    August 11, 2020 
     25,000  
    $2.00  
     25,000  
    August 11, 2025

     75,000  
        
     75,000  

The following warrants are outstanding
as of December 31, 2023:

    Schedule of warrants outstanding 

    Issuance date 
    Warrants outstanding  
    Exercise price per warrant  
    Warrants outstanding and exercisable  
    Expiry date
  
    October 15, 2019 
     44,000  
    $12.50  
     44,000  
    October 15, 2024
  
    August 7, 2020 
     50,000  
    $2.00  
     50,000  
    August 7, 2025
  
    August 11, 2020 
     25,000  
    $2.00  
     25,000  
    August 11, 2025

     119,000  
        
     119,000  

    d.
    Share option plans:

On April 1, 2019, the Company’s
board of directors adopted the Sativus Tech Corp. 2018 Share Options Plan (the “2018 Plan”).

Awards granted under the 2018 Plan are
subject to vesting schedules and unless determined otherwise by the administrator of the 2018 Plan, generally vest following a period
of four years from the applicable vesting commencement date, such that the awards vest in four annual equal instalments and/or generally
vest following a period of one year from the applicable vesting commencement date, such that the awards vest in four quarterly equal instalments.

(i) A summary of employee share options
activity during the years ended December 31, 2024, 2023 is as follows:

     Schedule of employee share option activity 

    Number  
    Average weighted exercise price 
  
    Options outstanding at January 1, 2023 
     240,000  
    $0.7 
  
    Exercised 
     (80,000) 
    0.01 

    Options outstanding at December 31, 2023 
     160,000  
     1.05 
  
    Exercised