Company: TGNT
Filing Date: 2025-04-30
Form Type: S-1
Source: 0001477932-25-003124
Chunk: 73

Company: Totaligent, Inc.
Filing Date: 2025-04-30
Form: S-1
Chunk 73
---
 price of our common stock may fluctuate from time to time after the date of this prospectus and, as a result, the actual purchase price to be paid by the Selling Stockholder under the SEPA for shares of our common stock, if any, may also fluctuate, in order for us to receive the full amount of the Selling Stockholder’s commitment under the SEPA, it is possible that we may need to issue and sell more than the number of shares being registered for resale under the registration statement that includes this prospectus.

If it becomes necessary for us to issue and sell to the Selling Stockholder more shares than are being registered for resale under this prospectus in order to receive aggregate gross proceeds of $3,000,000 under the SEPA, we must file with the SEC one or more additional registration statements to register under the Securities Act the resale by the Selling Stockholder of any such additional shares of our common stock, which the SEC must declare effective, in each case, before we may elect to sell any additional shares of our common stock to the Selling Stockholder under the SEPA. The number of shares of our common stock ultimately offered for resale by the Selling Stockholder depends upon the number of shares of common stock, if any, we ultimately sell to the Selling Stockholder under the SEPA.

| 53 |

The issuance, if any, of shares of our common stock to the Selling Stockholder pursuant to the SEPA would not affect the rights or privileges of our existing stockholders, except that the economic and voting interests of each of our existing stockholders would be diluted. Although the number of shares of our common stock that our existing stockholders own would not decrease as a result of sales, if any, under the SEPA, the shares of our common stock owned by our existing stockholders would represent a smaller percentage of our total outstanding shares of our common stock after any such issuance.

The following table sets forth the number of shares of common stock to be issued to the Selling Stockholder under the SEPA at varying purchase prices:

| Assumed Average Purchase Price Per Share |      |    |     | Number of Registered Shares to be Issued if Full Purchase(1) |             |     | Percentage of Outstanding Shares After Giving Effect to the Issuance to the Selling Stockholder(2) |      |   |     | Gross Proceeds from the Sale of Shares to the Selling Stockholder Under the SEPA |           |
|:-----------------------------------------|-----:|---:|:----|:------------------------------------------------