Company: LIFD
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000346
Chunk: 1354

Company: LFTD PARTNERS INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 1354
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Value Exercisable Options, Warrants, Rights to Purchase Warrants to Purchase Common Stock and Financing Warrants Outstanding, December 31, 2023  3,612,198  $3.85   1.07  $357,008                  Expired Financing Warrants (May 2024)  (155,500)                             Expired Stock Options and Rights to Purchase Warrants to Purchase Common Stock (December 2024)  (1,176,698)                             Exercisable Warrants Outstanding, December 31, 2024  2,280,000  $5.00   0.15  $- Outstanding Warrants, December 31, 2024  2,280,000  $5.00   0.15  $- 

 NOTE 10 – CONTINGENT CONTRACTUAL OBLIGATIONS AND COMMERCIAL COMMITMENTS Lease and Purchase of Building Located at 5511 95th Ave, Kenosha, Wisconsin 53144 On December 18, 2020, Lifted as tenant entered into a Lease Agreement (the “Lease) with 95th Holdings, LLC (“Landlord”) for office, laboratory and warehouse space in a building located at 5511 95th Avenue, Kenosha, Wisconsin (“5511 Building”). The lease commencement date was January 1, 2021, and lease termination date was January 1, 2026.  Landlord was an entity owned directly or indirectly by NWarrender, the Company’s Vice Chairman and COO, the CEO of Lifted, and the largest stockholder of the Company as the beneficial owner of 3,900,455 shares of common stock of the Company. Due to the potential conflict of interest, the terms and conditions of the Lease were negotiated on behalf of Lifted by Vincent J. Mesolella, the Lead Outside Director of the Company. Landlord and Lifted were represented by their own independent legal counsel in connection with the Lease. Under the terms of the Lease, NWarrender is able to benefit through his ownership of Landlord by Landlord’s receiving rent and eventually selling the 5511 Building to Lifted. Lifted constructed improvements to the 5511 Building including a clean room, and gradually moved into the 5511 Building over the course of the first quarter