Company: AIBT
Filing Date: 2025-07-03
Form Type: 253G2
Source: 0001096906-25-001087
Chunk: 85

Company: AIBOTICS, INC.
Filing Date: 2025-07-03
Form: 253G2
Chunk 85
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 the Company had an outstanding principal amount of $220,000 due to this lender as a result of the note. On January 21, 2022, the Company issued a lender (“Lender E”) a convertible note payable with principal of $325,000 and an original issue discount of $75,000. The note matures after 24 months and has an effective interest rate of 8%. As of December 31, 2024 and 2023 the Company had an outstanding principal amount of $325,000 due as a result of this note. As of December 31, 2024, $9,349 of original issue discount was amortized. 48 On January 30, 2024, the Company signed an agreement with a major shareholder (“Lender F”) for a $165,000 note payable. The note accrues interest at a rate of 1.75% compounded annually and has a maturity date of January 30, 2025 (Note 5 – Related Party Transactions). During the year ended December 31, 2021, the Company issued three convertible notes payable. In accordance with the terms of the note agreements, during the year ended December 31, 2022, the Company received notice to convert the three notes into shares of the Company’s common stock. As a result, an aggregate of $232,500 in principal and $13,145 in interest was converted into 245,645 shares of common stock (Note 7 – Stockholders’ Equity). Following the conversion, $2,407 of accrued interest remained outstanding and owed to one of the note holders (“Lender D”). The following tables reflects a summary of the outstanding principal and interest by each lender and their respective maturity date as of December 31, 2024 and December 31, 2023:

|          |     |               |   |                                                                            December 31, 2024 |   |           |   |          |   |    December 31, 2023 |   |           |   |          |
|:---------|:----|:--------------|:--|---------------------------------------------------------------------------------------------:|:--|----------:|:--|---------:|:--|---------------------:|:--|----------:|:--|---------:|
|          |     | Maturity Date |   |                                                                         Total Outstanding*** |   | Principal |   | Interest |   | Total Outstanding*** |   | Principal |   | Interest |
| Lender A |     |