Company: BKYI
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001437749-25-012824
Chunk: 282

Company: BIO KEY INTERNATIONAL INC
Filing Date: 2025-04-23
Form: 10-K
Item: Item 1C
Chunk 282
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 On  March 13, 2025, the Company issued 491,000 shares of common stock upon the exercise of warrants.  
   On  March 20, 2025, the Company issued 8,913 shares of common stock to its directors in payment of board fees. 
    
   On  March 20, 2025, the Company issued 2,500 shares of restricted stock to new employees which vest over three-years. 
    
   The forgoing issuances of common stock after  December 31, 2024 total 2,106,130 shares representing a 56% increase in the Company's outstanding shares of common stock since  December 31, 2024, less forfeitures.
    
   On  March 28, 2025, 1,893 shares of restricted common stock were forfeited by an employee who left the Company before the lapse of the restriction period applicable to such shares.

     67

EXHIBIT INDEX

      Exhibit 
      
      Exhibit  

      No. 

      2.1 
      
      Stock Purchase Agreement by and among the Company, Thomas J. Hoey, and PistolStar, Inc. dated June 6, 2020 (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K, filed with the SEC on July 7, 2020) 

      2.2 
      
      Stock Purchase Agreement by and among the Company, Alex Rocha and Swivel Secure Europe, SA dated February 2, 2022 (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K, filed with the SEC on February 3, 2022) 

      2.3 
      
      Amendment No. 1 to Stock Purchase Agreement by and among the Company, Alex Rocha and Swivel Secure Europe, SA dated March 4, 2022 (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K, filed with the SEC on March 9, 2022) 

      3.1 
      
      Certificate of Incorporation of BIO-key International, Inc., a Delaware corporation (incorporated by reference to Exhibit 3.1 to the current report on Form 8-K, filed with the SEC on January 5, 2005) 

      3.2