Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 148

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1A
Chunk 148
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 calculated by the Black-Scholes-Merton valuation model was $365,502.
The inputs used in this calculation included a fair value of the underlying common stock of $1.049 per share, a risk-free between 3.62%
and 4.31%, volatility between 142.23% and 148.56% and a dividend rate of 0%.

The
following table summarizes the warrants issued and outstanding as of March 31, 2025:

 SCHEDULE OF WARRANTS ISSUED AND OUTSTANDING

    Exercise Price ($)  
    Warrants Outstanding  
    Warrants Exercisable  
    Weighted Average Remaining Contractual
    Life (Years)  
    Proceeds to Company if Exercised 

     0.05  
     2,006,754  
     2,006,754  
     0.58  
    $100,339 
  
     0.35  
     3,310,000  
     3,310,000  
     3.87  
     1,158,500 
  
     0.41  
     3,579,579  
     3,579,579  
     4.26  
     1,467,627 
  
     1.05  
     5,049,790  
     5,049,790  
     2.48  
     5,302,280 
  
     2.00  
     50,000  
     50,000  
     1.34  
     100,000 
  
     5.00  
     500,000  
     500,000  
     1.82  
     2,500,000 

     14,496,123  
     14,496,123  
        
    $10,628,746 

The
shares of common stock issuable upon exercise of the warrants are not registered with the Securities and Exchange Commission and the
holders of the warrants do not have registration rights with respect to the warrants or the underlying shares of common stock.

(9)
LIQUIDITY REQUIREMENTS AND GOING CONCERN

Since
the Company’s inception on January 31, 2013, its operations have been primarily financed through sales of equity, debt financing
from