Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 176

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 2
Chunk 176
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010.

During
the year ended September 30, 2024, on September 6, 2024, the Company issued 45,000,000 warrants to purchase common shares at a price
of $0.005 per share for a period of 5 years from the date of issue to its consultants. The following assumptions were used for the Black-Scholes
valuation of these warrants on grant date as follows: risk-free rate of 2.75%, expected life of 5 years, annualized historical volatility
of 129.71% and a dividend rate of 0%. Expected volatilities are based on the historical volatility of the Company’s stock and other
factors. The weighted-average fair value per warrant is $0.011.

During
the year ended September 30, 2024, on August 18, 2024, the Company issued 50,000,000 compensation warrants to purchase common shares
at a price of $0.005 per share for a period of 10 years from the date of issue to the CEO and Chairman of Board of the Company, as appropriate
compensation for exemplary and indispensable services performed over the last three years. The following assumptions were used for the
Black-Scholes valuation of these warrants on grant date as follows: risk-free rate of 3.06%, expected life of 10 years, annualized historical
volatility of 131.99% and a dividend rate of 0%. Expected volatilities are based on the historical volatility of the Company’s
stock and other factors. The weighted-average fair value per warrant is $0.016.

During
the year ended September 30, 2024, on August 18, 2024, the Company issued 451,000,000 warrants to purchase common shares at a price of
$0.005 per share for a period of 10 years from the date of issue to its directors, officers, employees and consultants. Vesting of the
warrants is contingent on the occurrence of certain events.

During
the year ended September 30, 2024, on June 12, 2024, the Company issued 10,000,000 warrants to purchase common shares at a price of $0.005
per share for a period of 10 years from the date of issue to a consultant for professional services received. Vesting of the warrants
is contingent on the occurrence of certain events.

During
the year ended September 30,