Company: MIRA
Filing Date: 2025-07-29
Form Type: PRER14A
Source: 0001641172-25-021434
Chunk: 195

Company: MIRA PHARMACEUTICALS, INC.
Filing Date: 2025-07-29
Form: PRER14A
Chunk 195
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. 2While specific data for other countries is limited, similar trends are observed in developed nations due to increasing awareness and availability of these treatments. Therefore, we assume a similar percentage of adults currently using approved medications to lose weight in the US, Canada and Mexico.

The following table provides data regarding the total available market (TAM) for weight loss treatments in the North American economies:

1 Management of obesity in the National Health and Nutrition Examination Survey (NHANES), 2007-2008 - PubMed

2 https://people.com/one-in-eight-us-adults-have-taken-ozempic-similar-drugs-new-survey-8646741?utm_source=chatgpt.com

| Moore Financial Consulting |

| SKNY Pharmaceuticals, Inc. | April 2025    |
| Valuation                  | Page 14 of 25 |

Methodology

Methodology for asset valuation

A valuation of business, operations, assets or liabilities can be carried out according to one or more methodologies for valuation. For the most part, the general practice divides the valuation methodologies between the three following main approaches:

| ● | The                                    
 Cost Approach / Net Asset Value (NAV). |

| ● | The                                   
 Comparative Method / Market Approach. |

| ● | The                        
 Income / Earnings Approach |

Valuation methodology can make use of one or more of the approaches above. Choosing the appropriate valuation methodology varies from case to case. While each of the various approaches and methodologies has its own uniqueness and is suitable for other types of assets or evaluating various business situations.

In addition, all the approaches require references to various parameters and different information available and therefore the choice of valuation methodology should be done carefully with attention to both the nature of the asset valued, the business environment in which it is located and the information available to the appraiser at the valuation.

The Cost Approach / Net Asset Value (NAV)

The cost approach estimates the economic value of the entity’s assets and liabilities based on their market value. To carry out the valuation based on this method, it is required to replace the book value (accounting numbers) of assets and liabilities (and the off-balance components) with their economic value.

In other words, in contrast to the ‘book value,” the “assets value” “of the Company refers to the net realizable values (Exit Value) of assets and liabilities. The implied equity value is the entity’s total fair value assets less the fair value of its liabilities.

In this approach it is not required to use any forecasts