Company: NTCS
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001683168-25-004268
Chunk: 129

Company: Natics Corp.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 4
Chunk 129
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Directors are permitted to receive fixed fees
and other compensation for their services as directors. The Board of Directors has the authority to fix the compensation of directors.
No amounts have been paid to, or accrued to, our director in such capacity.

Stock Plan

We have not adopted a stock plan but may do so
in the future.

Director Independence

Our securities are not currently traded on any
public exchange and as such, we are not currently subject to corporate governance standards of listed companies, which require, among
other things, that the majority of the board of directors be independent. We are not currently subject to corporate governance standards
defining the independence of our directors, and we have chosen to define an “independent” director in accordance with the
NASDAQ Global Market’s requirements for independent directors.

Under the NASDAQ rules, our current director does
not qualify as an independent director.

Item 12. Security Ownership of Certain Beneficial
Owners and Management and Related Stockholder Matter.

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

Directors and Executive Officers

The following table sets forth the beneficial
ownership (and the percentages of outstanding shares represented by such beneficial ownership) as of April 30, 2025, of (i) each director,
(ii) the current NEOs named in the “Summary Compensation Table” contained in this Form 10-K and (iii) all current directors
and executive officers as a group. Except as otherwise indicated, we believe that the beneficial owners of the common stock listed below,
based on information provided by such owners, have sole investment and voting power with respect to such shares, subject to community
property laws where applicable. Persons, who have the power to vote or dispose of common stock of the Company, either alone or jointly
with others, are deemed to be beneficial owners of such common stock.

    Guy Pirotsky, President, CEO, CFO and Chairman of the Board.
    3,000,000 shares

 10 

Certain Stockholders 

The following table sets forth certain information
with respect to each person known by us to be the beneficial owner of five percent or more of either class of the Company’s outstanding
common stock. The content of this table is based upon the most current information contained in Schedules 13D or 13G filings with the
SEC, unless more recent information was obtained.

    Guy Pirotsky, President, CEO, CFO and Chairman of the Board.
    55%

This percentage is