Company: FTSP
Filing Date: 2025-02-14
Form Type: 8-K
Source: 0001199835-25-000044
Chunk: 28

Company: FinTrade Sherpa, Inc.
Filing Date: 2025-02-14
Form: 8-K
Item: Item 2.01
Chunk 28
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per share. The identities of the creditors and the particulars of the conversions were as follows:

  LSG                                                                                            

  Lonnie                                                                                       

  Mark                                                                                          

The
issuance of the shares was exempt from registration under Section 4(a)(2) of the Securities Act as a transaction by an issuer not involving
any public offering. The creditors provided representations to the Company that they acquired their respective shares for investment
purposes only and acknowledged that their respective shares were “restricted securities” for purpose of the Securities
Act and would bear all restrictive legends required under applicable securities laws.

Additionally, on the Closing
Date the Company issued shares pursuant to the Asset Purchase Agreement and pursuant to the Debt Conversion Agreement, in each case as
set forth under Item 1.01 above, which disclosure is incorporated herein by reference.

Reference
is also made to the disclosure set forth under Item 3.02 below, which disclosure is incorporated herein by reference.

Description
of Registrant’s Securities

Authorized
Capital Stock

The
following description of our Common Stock and preferred stock is a summary. It is not complete and is subject to and qualified in
its entirety by our Amended and Restated Articles of Incorporation (as amended, the “ Articles
of Incorporation Bylaws Preferred Stock

Common
Stock

Holders
of Common Stock are entitled to one non-cumulative vote per share on all matters on which shareholders may vote. If dividends are legally
declared by the Company’s board of directors, holders of Common Stock have rights to dividends based on their proportional ownership
of the Company, subject to the prior rights of holders of any outstanding preferred stock. Additionally, holders of Common Stock are
entitled to share on a pro rata basis in all of the Company’s assets available for distribution to such holders upon liquidation,
dissolution or winding up of the Company’s affairs, subject to the prior rights of holders of any outstanding preferred stock.
Common Stock does not provide preemption, subscription or conversion rights. Further, there are no redemption or sinking fund provisions
included in the Articles of Incorporation with respect to Common Stock.

The
foregoing description of the Common Stock is qualified in its entirety by (i) the Articles of Incorporation, a copy of which is attached
hereto as Exhibit 3.4 and incorporated herein by reference, (ii) the Bylaws, a copy of which is attached hereto as Exhibit 3.2 and incorporated
herein by reference, and