Company: PETVW
Filing Date: 2025-07-10
Form Type: 10-K
Source: 0001641172-25-018617
Chunk: 245

Company: PetVivo Holdings, Inc.
Filing Date: 2025-07-10
Form: 10-K
Item: Item 1B
Chunk 245
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 will expire in November 2026.

In
January 2022, we leased an additional 2,400 square feet of office space near the location above. This lease will expire in March 2027.
Refer to Note 9. Commitments and Contingencies, in the Notes to Consolidated Financial Statements set forth in Part II, Item 8.
Financial Statements and Supplementary Data of this Annual Report, for further information regarding our leases.

On
January 10, 2023, the Company entered into a new lease agreement for 14,073 square feet of production and warehouse space with a commencement
date of April 1, 2023, which is when the control and right of use for this lease asset took place. The initial monthly base rent is $8,420
and has annual increases of 2.5%. The Company is also responsible for its proportional share of common space expenses, property taxes,
and building insurance. The lease will terminate on June 30, 2033, and the Company has a renewal option for a period of five years. 

The
Company believes that the current facilities are suitable and adequate to meet the Company’s current needs and that suitable additional
space will be available as and when needed on acceptable terms.

ITEM
3. LEGAL PROCEEDINGS

From
time to time, we may become involved in legal proceedings arising in the ordinary course of our business, the resolution of which we
do not anticipate would have, individually or in the aggregate, a material adverse effect on our business, financial condition, or results
of operations. Refer to Note 9. Commitments and Contingencies – Legal Proceedings, in the Notes to Consolidated Financial
Statements set forth in Part II, Item 8. Financial Statements and Supplementary Data of this Annual Report, for further information regarding
potential legal proceedings.

ITEM
4. MINE SAFETY DISCLOSURES

Not
applicable.

PART
II

ITEM
5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES

Market
Information

The
Company’s common stock is publicly traded on the OTCQB Nasdaq Capital Market under the symbol “PETV.”

Number
of Stockholders

As
of March 31, 2025, there were approximately 258 stockholders of record. The number of stockholders of record does not include certain
beneficial owners of our common stock