Company: VPLM
Filing Date: 2025-12-23
Form Type: 10-K
Source: 0001493152-25-029094
Chunk: 260

Company: Voip-pal.com Inc
Filing Date: 2025-12-23
Form: 10-K
Item: Item 5
Chunk 260
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000 are currently outstanding and exercisable. On April 24, 2023, the stock options issued
on May 30, 2022 were re-priced from $0.025 to $0.005. The options have varied vesting provisions and are exercisable for a period of
five years from the date of grant.

During
the year ended September 30, 2023, the Company granted 75,000,000 options to purchase 75,000,000 common shares at a price of $0.005 per
share to its directors, consultants and advisors, of which 75,000,000 are currently exercisable. The options have varied vesting provisions
and are exercisable for a period of five years from the date of grant.

During
the year ended September 30, 2024, the Company granted 115,000,000 options to purchase 115,000,000 common shares at a price of $0.005
to its consultants and advisors, of which 115,000,000 are currently exercisable. The options have varied vesting provisions and are exercisable
for a period of five years from the date of grant.

During
the year ended September 30, 2025, the Company did not grant any option to purchase common shares.

As
at September 30, 2025, the Company has 274,500,000 stock options outstanding at an average exercise price of $0.005 per share, with a
remaining contractual life of an average of 2.36 years, of which 274,500,000 are vested and exercisable.

11

Recent
Sales of Unregistered Securities 

The
transactions described in this section were exempt from securities registration as provided by Section 4(a)(2) of the Securities Act
for transactions not involving a public offering.

Securities
Issued for Services Rendered

During
the year ended September 30, 2023, the Company issued 14,500,000 shares of common stock at a price of $0.005 per share to various individuals
or entities for services with an aggregate value of $72,500.

During
the year ended September 30, 2024, the Company issued 5,000,000 shares of common stock at a price of $0.005 per share to various individuals
or entities for services with an aggregate value of $25,000.

During
the year ended September 30, 2025, the Company