Company: TGNT
Filing Date: 2025-04-30
Form Type: S-1
Source: 0001477932-25-003124
Chunk: 80

Company: Totaligent, Inc.
Filing Date: 2025-04-30
Form: S-1
Chunk 80
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* To be provided by amendment.

Item 14. Indemnification of Directors and Officers.

Pursuant to the Registrant’s Certificate of Incorporation, as amended and Bylaws, the Registrant may indemnify any person (including his estate) made or threatened to be made a party to any suit or proceeding, whether civil or criminal, by reason of the fact that he was a director or officer of the Registrant or served at the Registrant’s request as a director or officer of a subsidiary of the Registrant, against judgments, fines, amounts paid in settlement and reasonable expenses, including attorney fees actually and necessarily incurred as a result of such threat, suit or proceeding, or any appeal therein, to the fullest extent permitted by the General Corporation Law of the State of Delaware.

Item 15. Recent Sales of Unregistered Securities.

During the last three years, the Registrant has not issued unregistered securities to any person, except as described below. None of these transactions involved any underwriters, underwriting discounts, or commissions, except as specified below, or any public offering, and, unless otherwise indicated below, the Registrant believes that each transaction was exempt from the registration requirements of the Securities Act by virtue of Section 4(a)(2) thereof and/or Rule 506 of Regulation D promulgated thereunder, and/or Regulation S promulgated thereunder regarding offshore offers and sales. All recipients had adequate access, though their relationships with the Registrant, to information about the Registrant.

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| Date of Transaction | Transaction type (e.g., new issuance, cancellation, shares returned to treasury) | Number of Shares Issued (or cancelled) | Class of Securities | Value of shares issued ($/per share) at Issuance | Were the shares issued at a discount to market price at the time of issuance? (Yes/No) | Individual/ Entity Shares were issued to. | Reason for share issuance (e.g. for cash or debt conversion) -OR-             Nature of Services Provided | Restricted or Unrestricted as of this filing. | Exemption or Registration Type. |
| 5/16/23             | New Issuance                                                                     |                              2,500,000 | Common              |                                            0.013 | Yes                                                                                    |                                        -1 | Cash                                                                                                      | Restricted                                    | 4(a)(2)                         |
| 9/29/23             | New Issuance                                                                     |                              2,172,903 | Common              |