Company: LNAI
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001731122-25-001316
Chunk: 703

Company: Lunai Bioworks Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 6
Chunk 703
---
ercised 
     —  
    $—  

    Forfeited 
     —  
    $—  

    Expired/Canceled  
     (5,153,903) 
    $2.12  

    Outstanding at June 30, 2025 
     4,623,614  
    $0.75  
     8.97  
    $— 
  
    Exercisable at June 30, 2025 
     567,233  
    $0.96  
     8.71  
    $— 

At June 30, 2025, the Company
had Plan Options to purchase 567,233 shares of common stock that were exercisable. The total intrinsic value of options exercisable
at June 30, 2025, was zero. Intrinsic value is measured using the fair value at the date of exercise (for shares exercised) and at June
30, 2025 (for outstanding options), less the applicable exercise price.

    F-26

Common Stock Purchase Warrants

A summary of the status of the
Common Stock Purchase Warrants outstanding at June 30, 2025, is presented below:

    Schedule of common stock purchase warrants outstanding 

    Warrants Outstanding 
    Warrants Exercisable

    Weighted 

    Weighted 

    Average 
    Weighted 
      
    Average 
    Weighted

    Remaining 
    Average 
      
    Remaining 
    Average

    Exercise 
    Number 
    Contractual 
    Exercise 
    Number 
    Contractual 
    Exercise

    Price 
    Outstanding 
    Life (years) 
    Price 
    Exercisable 
    Life (years) 
    Price

    $0.53  
     471,698  
     2.99  
        
     471,698  
     2.99  

    $0.65  
     741,274  
     3.09  
        
     741,274  
     3.09  

    $1.14  
     1,189,036  
     2.73  
        
     1,189,036  
     2.73  

    $1.47  
     642,128  
     3.96