Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 270

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 2
Chunk 270
---
    Travel 
    $15,000 
  
    Total Expenses 
    $400,000 

The
above represents our Managements best estimate of our cash requirements based on our business plans and current market conditions. The
above is based on our ability to raise sufficient financing and generate adequate revenues to meet our cash flow requirements. The actual
allocation between expenses may vary depending on the actual funds raised and the industry and market conditions over the next 12 months
following our March 31, 2025 year-end.

On
January 13, 2025, the Company announced it is actively pursuing a capital raise of a minimum $5 million USD to accredited investors through
a series of tranches subject to satisfaction of closing conditions. The Company expects to enter into an Equity Financing Agreement in
the coming weeks with more disclosure regarding pricing and conditions.

The
Company intends to use the net proceeds from the private placement primarily for costs directly related to sales and marketing, for research
and development, working capital and general corporate purposes, including the costs of operating as a public company. The intent of
the capital raise is to begin to position the Company to meet the uplist requirements to Nasdaq.

37

The
Company believes there are many advantages to uplisting from the OTCQB to Nasdaq. Key benefits may include increased visibility and credibility,
access to capital, increased trading volume and liquidity, and improved valuation and stock performance. Nasdaq is one of the largest
well-known stock exchanges globally, and listing on Nasdaq can attract a larger pool of institutional and retail investors who may not
have considered investing in a company on a smaller exchange. Companies listed on Nasdaq are often viewed as more established, credible,
and reputable due to the stringent listing requirements and rigorous financial reporting standards, which can lead to a stronger public
image. In addition, companies listed on Nasdaq can more readily access capital through secondary offerings, as investors may be more
willing to buy shares of a company listed on a major exchange. This is particularly important for LSEB as we are looking to expand and
fund new projects. Furthermore, Nasdaq offers a highly liquid marketplace, making it easier for the Company to raise funds and for investors
to trade our shares. Greater liquidity can also attract institutional investors who typically prefer markets with higher trading volumes.

The
Company is in the initial stages of executing its plan to qualify for an uplist to Nasdaq and there is no guarantee it will be successful
in meeting the listing requirements or qualifying