Company: SATT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002119
Chunk: 5

Company: SATIVUS TECH CORP.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 5
---
 0.09

    $
    0.09

    June 31, 2024
     
    $
    0.17

    $
    0.17

    September 30, 2024
     
    $
    0.15

    $
    0.15

    December 31, 2024
     
    $
    0.13

    $
    0.11

Shareholders

Our shares of common stock are issued in registered
form. The registrar and transfer agent for our shares of common stock is Cleartrust LLC, 16540 Pointe Village Drive, Suite 210, Lutz,
FL 33558

On December 31, 2024, the shareholders’
list of our shares of common stock showed 87 registered holders of our shares of common stock and 4,215,571 shares of common stock outstanding.
The number of record holders was determined from the records of our transfer agent and does not include beneficial owners of shares of
common stock whose shares are held in the names of various security brokers, dealers, and registered clearing agencies.

Dividend Policy

Our board of directors may declare and pay dividends
on outstanding shares of common stock out of funds legally available there for in our sole discretion; however, to date no dividends have
been declared or paid on common stock.

 4 

Indemnification of Directors and Officers

Delaware Corporation Law allows for the indemnification
of officers, directors, and any corporate agents in terms sufficiently broad to indemnify such persons under certain circumstances for
liabilities, including reimbursement for expenses, incurred arising under the 1933 Act. The Bylaws of the Company provide that the Company
will indemnify its directors and officers to the fullest extent authorized or permitted by law and such right to indemnification will
continue as to a person who has ceased to be a director or officer of the Company and will inure to the benefit of his or her heirs,
executors and Consultants; provided, however, that, except for proceedings to enforce rights to indemnification, the Company will not
be obligated to indemnify any director or officer in connection with a proceeding (or part thereof) initiated by such person unless such
proceeding (or part thereof) was authorized by the Board of Directors. The right to indemnification conferred will include the right
to be paid by the Company the expenses (including attorney’s fees) incurred in defending any such proceeding in advance of