Company: LNAI
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001731122-25-001316
Chunk: 127

Company: Lunai Bioworks Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1A
Chunk 127
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 options under the 2014, 2019 and 2023 Plans (“Plan Options”) to purchase 6,088,250 shares of Common Stock. At June
30, 2025, the Company has 5,093,444 options available to be issued under the 2023 Plan.

A summary of the Plan Options outstanding at June 30,
2025 is presented below:

    Schedule of stock options outstanding 

    Options
    Outstanding 
      
    Options
    Exercisable

    Exercise
    Price Ranges 
    Number
    Outstanding 
    Weighted
    Average Remaining Contractual Life (years) 
    Weighted
    Average Exercise Price 
    Number
    Exercisable 
    Weighted
    Average Remaining Contractual Life (years) 
    Weighted
    Average Exercise Price

    $0.45–4.50  
     4,623,614  
     8.97  
    $0.75  
     567,233  
     8.71  
    $0.96 

    $4.51–6.50  
     —  
     —  
    $—  
     —  
     —  
    $— 

    $6.51–12.00  
     —  
     —  
    $—  
     —  
     —  
    $— 
  
    Total 
      
     4,623,614  
     8.97  
    $0.75  
     567,233  
     8.71  
    $0.96 

A summary of changes are presented
below:

    Schedule of Stock option activity 

    Shares 
    Weighted Average Exercise Price 
    Average Remaining Life 
    Weighted Average Intrinsic Value

    Outstanding at June 30, 2024 
     5,527,852  
    $2.11  
     7.30  
    $— 
  
    Granted 
     4,249,665  
    $0.64  

    Exercised 
     —  
    $—  

    Forfeited 
     —  
    $—  

    Expired/Canceled  
     (5,153,903) 
    $2.12