Company: KWIK
Filing Date: 2025-03-04
Form Type: DEF 14C
Source: 0001683168-25-001327
Chunk: 5

Company: KwikClick, Inc.
Filing Date: 2025-03-04
Form: DEF 14C
Chunk 5
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 the filing of the Certificate of Amendment of Certificate
of Incorporation with the Secretary of State of the State of Delaware. This filing will occur promptly following the 20th day after the
mailing of the definitive Information Statement (the “Definitive Information Statement”) to shareholders.

Under the current Certificate of Incorporation, the Company is authorized
to issue 400,000,000 shares of Common Stock and 5,000,000 shares of Preferred Stock, each with a par value of $0.0001 per share. Following
the Amendment, the number of authorized shares of Common Stock will be reduced to 50,000,000, while the authorized Preferred Stock will
remain unchanged.

As of the date of approval by our Board of Directors and Majority Shareholders,
there were 155,648,706 shares of Common Stock issued and outstanding.

<div align='center'>ACTION 2: 1-FOR-40 REVERSE STOCK SPLIT</div>

In addition to approving the Amendment, our Board of Directors adopted
resolutions, subsequently approved by the Majority Shareholders, to implement a recapitalization of the issued and outstanding shares
of Common Stock. The recapitalization will involve a reverse stock split on a 1-for-40 basis, whereby shareholders will receive one share
of Common Stock for every 40 shares currently held. The reverse split is to be effected no later than December 31, 2025. Fractional shares
will not be issued in connection with the reverse split; any fractional shares will be rounded down to the nearest whole share.

Following the reverse stock split, 155,648,706 issued and outstanding
shares of Common Stock will be reduced to approximately 3,891,218 shares, subject to adjustments for rounding and not reversing below
1 share per shareholder.

| 3 |

Reasons for the reverse stock split

Management believes that the reverse stock split is in the
best interest of the Company for several reasons:

| 1. | Improved Market Perception: By reducing the total number of outstanding shares, the reverse split aims to alleviate the perceived 
 depressive effect that a large number of shares may have on the public market price of our common stock.                          |
| 2. | Enhanced Financial Flexibility: The reverse split will make a significant number of authorized but unissued shares of common      
 stock available. This increased flexibility will allow the Company to efficiently:                                                |

| · | Structure potential future financing,                                                                                                    |
| · | Capitalize on business opportunities,