Company: AIBT
Filing Date: 2025-07-03
Form Type: 253G2
Source: 0001096906-25-001087
Chunk: 68

Company: AIBOTICS, INC.
Filing Date: 2025-07-03
Form: 253G2
Chunk 68
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 the default conversion price is $0.975 per share. As of March 31, 2025, and December 31, 2024, the Company had an outstanding principal amount of $325,000 due as a result of this note. On January 30th, 2024, the Company signed an agreement with a major shareholder (“Lender F”) for a $165,000 note payable. The note accrues interest at a rate of 1.75% compounded annually and has a maturity date of January 30, 2025 (Note 5 – Related Party Transactions). During the year ended December 31, 2021, the Company issued three convertible notes payable. In accordance with the terms of the note agreements, during the year ended December 31, 2022, the Company received notice to convert the three notes into shares of the Company’s common stock. As a result, an aggregate of $232,500 in principal and $13,145 in interest was converted into 245,645 shares of common stock (Note 7 – Stockholders’ Equity). Following the conversion, $2,407 of accrued interest remained outstanding and owed to one of the note holders (“Lender D”). As of the three months ended March 31, 2025, the Company notes all convertible notes payables are currently in default. The following tables reflects a summary of the outstanding principal and interest by each lender and their respective maturity date as of March 31, 2025 and December 31, 2024:

|          |     |               |   |                                                                            March 31, 2025 |   |           |     |          |   |    December 31, 2024 |   |           |   |          |
|:---------|:----|:--------------|:--|------------------------------------------------------------------------------------------:|:--|----------:|:----|---------:|:--|---------------------:|:--|----------:|:--|---------:|
|          |     | Maturity Date |   |                                                                      Total Outstanding*** |   | Principal |     | Interest |   | Total Outstanding*** |   | Principal |   | Interest |
| Lender A |     | 8/27/2024     | $ |                                                                                   652,762 | $ |   500,000 |     |  152,762 | $ |              633,989 | $ |   500,000 | $ |  133,989 |
| L