Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 19

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 19
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22, 2023, we designated 50,000 shares of our
preferred stock as Super Voting Preferred Stock. On June 21, 2024, we designated an additional 25,000 shares of our preferred stock as
Super Voting Preferred Stock.

On September 3, 2024, we have issued 75,000 shares
of the Company’s Super Voting Preferred Stock to Heather Maynard. On October 14, 2024, in order to facilitate our IPO process, Heather
Maynard disclaimed all interests in the 75,000 shares of Super Voting Preferred Stock voluntarily and without any consideration, which
the Super Voting Preferred Stock subsequently are held in the treasury. We will not be issuing any shares of the Super Voting Preferred
Stock prior to the consummation of this offering. We may issue shares of the Super Voting Preferred Stock from time to time after we consummate
this offering.

The following is a summary of the material terms of
our Super Voting Preferred Stock.

Voting Rights.Each share of our Super Voting
Preferred Stock entitles its holder to 1,000 votes per share and votes with our Common Stock as a single class on all matters to be voted
or consented upon by the stockholders.

Other Rights.The holders of our Super Voting
Preferred Stock are not entitled to any dividend rights. The holders of the Super Voting Preferred Stock are not entitled to any liquidation
preference or subject to any redemption rights. The shares of our Super Voting Preferred Stock are not convertible into shares of our
Common Stock, and are not subject to any sunset or other termination provisions.

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Convertible Notes

On October 18, 2024, the Company completedentered into three private placements of an aggregate of $1,600,002 principal amount of Convertible Notes, each subscription amount of a convertible
note is US$533,334. Pursuant to the amendments to the securities purchase agreement for Convertible Notes dated November 13, 2024, entered
by the Company and the investors, the Convertible Notes shall automatically convert into shares of our common stock upon the effectiveness
of the registration statement at the conversion price of $1.50 per share. The Convertible Notes mature six months after issuance, on which
date the full principal amount and interest thereon will be due and payable in full. The Convertible Notes automatically convertwere converted into an aggregate of 1,066,668 shares of Common Stock uponand issued to the effectiveness ofinvestors