Company: TGNT
Filing Date: 2025-04-30
Form Type: S-1
Source: 0001477932-25-003124
Chunk: 100

Company: Totaligent, Inc.
Filing Date: 2025-04-30
Form: S-1
Chunk 100
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 assumptions related to the embedded derivatives as of December 31, 2024 and 2023.

|                                                                  |     | Year Ended | December 31, 2024 |     | Year Ended | December 31, 2023 |   |
|:-----------------------------------------------------------------|:----|:-----------|------------------:|:----|:-----------|------------------:|:--|
| Balances at beginning of period                                  |     | $          |           149,182 |     | $          |           161,565 |   |
| Issuances:                                                       |     |            |                   |     |            |                   |   |
| Embedded derivatives                                             |     |            |                 - |     |            |            26,376 |   |
| Conversions/extinguishments                                      |     |            |                   |     |            |                   |   |
| Changes in fair value inputs and assumptions reflected in income |     |            |             8,873 |     |            |           (38,759 | ) |
| Balances at end of period                                        |     | $          |           158,055 |     | $          |           149,182 |   |

| F-17 |

#### 7. Commitments and contingencies
Legal contingencies

The Company may be subject to legal proceedings from time to time as part of its business activities. As of December 31, 2024, the Company was not subject to any threatened or pending legal actions or claims.

Significant agreements and contracts

None

#### 8. Equity
Preferred Stock

The Company has authorized a total of shares of preferred stock, par value $ per share. The Company has shares authorized for Series D Preferred Stock. As of December 31, 2024 and 2023, the Company had issued and shares of Series D Convertible Preferred Stock, respectively. The Company’s Board of Directors has the authority to provide, out of the unissued shares of preferred stock, for one or more series of preferred stock and, with respect to each such series, to fix the number of shares constituting such series and the designation of such series, the voting powers, if any, of the shares of such series, and the preferences and relative, participating, optional or other special rights, if any, and any qualifications, limitations or restrictions thereof, of the shares of such series. The powers, preferences and relative, participating, optional and other special rights of each series of preferred stock, and the qualifications