Company: SATT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002119
Chunk: 179

Company: SATIVUS TECH CORP.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 179
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 Equity Securities.

On March 9, 2021, the Company issued 13,025 shares
in respect of RSU’s granted during 2021.

On March 10, 2021, the Company issued a total
of 50,000 shares to two directors in respect of 50,000 RSU’s that were granted to them.

On April 1, 2021, the Company issued a total of
10,000 shares to two directors in respect of 10,000 RSU’s that were granted to them.

From June 2021 through to December 2021, the Company
issued 830,000 shares in respect of converted Promissory Notes in the amount of $830 thousand.

On August 17, 2021, the Company granted three directors 47,134 shares.

On October 5, 2021, the Company issued a director 7,500 shares in respect
of 7,500 RSU’s that were granted to him.

On October 5, 2021, the Company issued 29,167 shares to a consultant
in respect of 500,000 share options that were exercised.

On October 25, 2021, the Company issued 40,000
shares to a consultant in respect of 400,000 share options that were exercised.

On December 30, 2022, the Company issued 21,186
shares in respect of an investor’s converted SAFE agreement in Saffron Tech.

 5 

Penny Stock Regulation

Our shares must comply with the Penny Stock Reform
Act of 1990, which may potentially decrease our shareholders’ ability to easily transfer their shares. Broker-dealer practices in
connection with transactions in “penny stocks” are regulated. Penny stocks generally are equity securities with a price of
less than $5.00. The penny stock rules require a broker-dealer, prior to a transaction in a penny stock not otherwise exempt from the
rules, to deliver a standardized risk disclosure document that provides information about penny stocks and the risks in the penny stock
market. The broker-dealer also must provide the customer with current bid and offer quotations for the penny stock, the compensation of
the broker-dealer and its salesperson in the transaction, and monthly account statements showing the market value of each penny stock
held in the customer’s account. In addition, the penny stock rules generally require that prior to a transaction in a penny stock,
the broker-dealer make a special