Alexander C. Chong - Apr 4, 2023 Form 4 Insider Report for CQENS Technologies Inc. (XXXX)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Alexander C. Chong
Stock symbol: XXXX
Transactions as of: Apr 4, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/6/2023, 10:19 AM
Previous filing: Aug 23, 2022
Next filing: Dec 29, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XXXX	Common Stock	Gift	$0	-19.5K	-0.1%	$0.00	19.2M	Apr 4, 2023	By Xten Capital Group	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The number of shares disposed of represents a bona fide gift of shares of the common stock of CQENS Technologies Inc. There is no public market for the issuer's common stock.
F2	The number of shares of common stock beneficially owned after the disposition includes: (i) 1,780,715 shares of common stock owned of record by Chinhak LLC, and (ii) 17,420,501 shares held of record by Xten Capital Group, formerly Chong Corporation. Mr. Chong holds voting and dispositive control over securities held by each of these entities. The number of shares of common stock beneficially owned by Mr. Chong excludes 428,572 shares beneficially owned by his spouse over which he has no direct or indirect pecuniary interest and disclaims beneficial ownership.

Content

The number of shares disposed of represents a bona fide gift of shares of the common stock of CQENS Technologies Inc. There is no public market for the issuer's common stock.

The number of shares of common stock beneficially owned after the disposition includes: (i) 1,780,715 shares of common stock owned of record by Chinhak LLC, and (ii) 17,420,501 shares held of record by Xten Capital Group, formerly Chong Corporation. Mr. Chong holds voting and dispositive control over securities held by each of these entities. The number of shares of common stock beneficially owned by Mr. Chong excludes 428,572 shares beneficially owned by his spouse over which he has no direct or indirect pecuniary interest and disclaims beneficial ownership.