Company: LNAI
Filing Date: 2025-02-19
Form Type: 10-K/A
Source: 0001731122-25-000252
Chunk: 164

Company: Lunai Bioworks Inc.
Filing Date: 2025-02-19
Form: 10-K/A
Chunk 164
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 The total intrinsic value of options exercisable at June 30, 2024, was $525,943.
Intrinsic value is measured using the fair value at the date of exercise (for shares exercised) and at June 30, 2024 (for outstanding
options), less the applicable exercise price.

F-31

Common Stock Purchase Warrants

A summary of the status of the
Common Stock Purchase Warrants outstanding at June 30, 2024, is presented below:

| Schedule of common stock purchase warrants outstanding |       |     | Warrants       
 Outstanding    
 Exercise Price |      |     | Number Outstanding |           |     | Weighted Average Remaining Contractual Life 
 (years)                                     |      |     | Weighted Average Exercise Price |      |     | Warrants           
 Exercisable        
 Number Exercisable |           |     | Weighted Average Remaining Contractual Life 
 (years)                                     |      |     | Weighted Average Exercise Price |      |
|:-------------------------------------------------------|:------|:----|:---------------|-----:|:----|:-------------------|----------:|:----|:--------------------------------------------|-----:|:----|:--------------------------------|-----:|:----|:-------------------|----------:|:----|:--------------------------------------------|-----:|:----|:--------------------------------|-----:|
|                                                        |       |     | $              | 0.53 |     |                    |   471,698 |     |                                             | 1.33 |     |                                 |      |     |                    |   471,698 |     |                                             | 1.33 |     |                                 |      |
|                                                        |       |     | $              | 0.65 |     |                    |   741,274 |     |                                             | 3.07 |     |                                 |      |     |                    |   741,274 |     |                                             | 3.07 |     |                                 |      |
|                                                        |       |     | $              | 1.14 |     |                    | 1,189,036 |     |                                             | 3.73 |     |                                 |      |     |                    | 1,189,036 |     |                                             | 3.73 |     |                                 |      |
|                                                        |       |     | $              | 1.47 |     |                    |   642,128 |     |                                             | 4.96 |     |                                 |      |