Company: GEDC
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001641172-25-002190
Chunk: 727

Company: CalEthos, Inc.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 7
Chunk 727
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 (ii) each
director of our company, (iii) each named Executive Officer and (iv) all executive officers and directors of our company as a group (except
as indicated, each beneficial owner listed exercises sole voting power and sole dispositive power over the shares beneficially owned):

    Name and Address of Beneficial Owner 
    Amount and Nature of Beneficial Ownership  
    Percent of Class(1) 
  
    Michael Campbell(2) 
     13,066,667  
     36.2%
  
    Joel Stone(3) 
     583,333  
     1.6%
  
    Dean Skupen(4) 
     325,000  
     0.9%
  
    Steven Shum(5) 
     565,010  
     1.6%
  
    Sean Fontenot(6) 
     14,283,263  
     39.5%
  
    All executive officers and directors as a group 

    (5 persons) 
     28,823,273  
     79.8%

    (1)
    As
    of March 15, 2025, there were 25,730,540 shares of common stock outstanding. Except as indicated in the footnotes to this table, we believe
    that all persons named in the table have sole voting and investment power with respect to all common stock shown as beneficially
    owned by them. In accordance with the rules of the Securities and Exchange Commission (the “Commission”), a person or
    entity is deemed to be the beneficial owner of common stock that can be acquired by such person or entity within sixty (60) days
    upon the exercise of options or warrants or other rights to acquire common stock. Each beneficial owner’s percentage of ownership
    is determined by assuming that options and warrants that are held by such person (but not those held by any other person) and which
    are exercisable within sixty (60) days have been exercised. The inclusion herein of such shares listed as beneficially owned does
    not constitute an admission of beneficial ownership.

25

    (2)
    Represents (i) 8,854,199 shares of common stock owned of record by M1 Advisors
LLC, a company controlled by Michael Campbell, (ii) currently-exercisable warrants to purchase 3,545,801 shares of common stock owned
of record by M1 Advisors LLC,