Company: SUND
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006815
Chunk: 16

Company: Sundance Strategies, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 16
---
     3,310,000  
     3,310,000  
     4.12  
     1,158,500 
  
     0.41  
     2,035,029  
     2,035,029  
     4.08  
     1,467,627 
  
     1.05  
     5,049,790  
     5,049,790  
     2.73  
     5,302,280 
  
     2.00  
     50,000  
     50,000  
     1.59  
     100,000 
  
     5.00  
     500,000  
     500,000  
     2.07  
     2,500,000 

     14,203,573  
     14,203,573  
        
    $10,691,346 

The
shares of common stock issuable upon exercise of the warrants are not registered with the Securities and Exchange Commission and the
holders of the warrants do not have registration rights with respect to the warrants or the underlying shares of common stock.

(8)
SUBSEQUENT EVENTS

On
January 3, 2025, the Company agreed to amend the 8% convertible debenture agreement with Satco International, Ltd. (see Note 4) to extend
the due date and conversion rights from November 30, 2024 to August 31, 2026.

Between
January 7, 2025, and February 3, 2025, 1,252,000 warrants that had been previously issued expired. Of these warrants, 500,000 were issued
in 2020 in association with the extension of notes payable to the Chairman of the Board of Directors and had an exercise price of $0.05
and 752,000 were issued in 2020 in association with monies borrowed on notes payable to Mr. Dickman and had an exercise price of $0.05.

On
January 26, 2025, the Company negotiated with the Chairman of the Board of Directors to extend the due date of the notes payable and
line of credit to November 30, 2026. In conjunction with this note extension the Company issued 1,544,550 warrants to the Chairman