| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | FOMI | Common Stock | 66.6K | May 9, 2024 | Direct | F1 | |||||
| holding | FOMI | Common Stock | 6.66K | May 9, 2024 | By spouse | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | FOMI | Class A Convertible Preferred Stock | May 9, 2024 | Common Stock | 1.67K | $0.00 | Direct | F3 |
| Id | Content |
|---|---|
| F1 | Pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 11, 2023 and amended as of February 8, 2024, by and between Verde Bio Holdings, Inc. ("Verde"), SensaSure Technologies Inc. (now known as Formation Minerals, Inc., the "Issuer"), and Formation Minerals, Inc., a direct, wholly owned subsidiary of the Issuer, the Reporting Person received 66,563 and the Reporting Person's spouse received 6,657 shares, respectively, of the Issuer's common stock, par value $0.01 per share ("Common Stock"), in exchange for the 20,000,000 shares and 2,000,000 shares of Verde common stock, par value $0.001 per share, that the Reporting Person and the Reporting Person's spouse held, respectively prior to the effective time of the merger. On the effective date of the merger, the closing price of the Issuer's common stock was $0.75 per share and the closing price of Verde's common stock was $0.0004 per share. |
| F2 | The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein. |
| F3 | Pursuant to the Merger Agreement, the Reporting Person received 1,665 shares of the Issuer's Class A convertible preferred stock ("Class A Preferred Stock"), par value $0.01 per share, in exchange for the 500,000 shares of Verds Series A convertible preferred stock, par value $0.001 per share, that the Reporting Person held prior to the effective time of the merger, having a market value of $0.75 per share. Each share of Class A Preferred Stock is convertible at any time, at the holder's election, into one share of Common Stock and is entitled to 100,000 votes per share and votes together with the holder of Common Stock and other shares of the Issuer's preferred stock as a single class. |