| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BSLK | Warrants (right to buy) | Expiration (or cancellation) of long derivative position with value received | -5,000,000 | -100% | 0 | 14 Feb 2025 | Common Stock | 5,000,000 | $11.50 | Direct | F1, F2 | ||
| transaction | BSLK | Warrant (right to buy) | Purchase | +5,000,000 | 5,000,000 | 14 Feb 2025 | Common Stock | 5,000,000 | $0.5000 | Direct | F1, F2 |
| Id | Content |
|---|---|
| F1 | The two transactions reported in Table II above involved the exchange of outstanding warrants to reduce the exercise price from $11.50 to $0.50 per share, among other changes, pursuant to the exchange agreement, dated February 14, 2025, between the Issuer and the Reporting Person. The exchange is reported above as the cancellation of the old warrants and the acquisition of a new warrant. |
| F2 | The securities are held directly by the Reporting Person. The Reporting Person is controlled by Timothy Babich, Jacob Doft, Lance Hirt and Andrew Rechtschaffen. Accordingly, Messrs. Babich, Doft, Hirt and Rechtschaffen share voting and dispositive power over these securities held by the Reporting Person and may be deemed to beneficially own such shares. Each of Messrs. Babich, Doft, Hirt and Rechtschaffen disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein. |