Jeffrey Busch - Nov 29, 2022 Form 4 Insider Report for THERALINK TECHNOLOGIES, INC. (THER)

Role: Director
Signature: /s/ Jeffrey Busch
Stock symbol: THER
Transactions as of: Nov 29, 2022
Transactions value $: $519,585
Form type: 4
Date filed: 2/2/2024, 08:10 PM
Previous filing: Sep 21, 2022
Next filing: Feb 24, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	THER	10% O.I.D. Senior Secured Convertible Debenture	Other	$309K				$309K	Nov 29, 2022	Common Stock	103M	$0.00	Direct	F1, F2, F3, F4
transaction	THER	10% O.I.D. Senior Secured Convertible Debenture	Award	$55K				$55K	Nov 29, 2022	Common Stock	18.3M	$0.00	Direct	F1, F3, F4
transaction	THER	10% O.I.D. Senior Secured Convertible Debenture	Award	$155K				$155K	Apr 22, 2023	Common Stock	51.7M	$0.00	Direct	F1, F3
transaction	THER	Common Stock Purchase Warrant	Other	$0	+88.4M		$0.00	88.4M	Nov 29, 2022	Common Stock	88.4M	$0.00	Direct	F1, F2, F3, F5
transaction	THER	Common Stock Purchase Warrant	Award	$0	+15.7M		$0.00	15.7M	Nov 29, 2022	Common Stock	15.7M	$0.00	Direct	F1, F3, F5, F6
transaction	THER	Common Stock Purchase Warrant	Award	$0	+44.3M		$0.00	44.3M	Apr 22, 2023	Common Stock	44.3M	$0.00	Direct	F1, F7

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

Explanation of Responses:

Id	Content
F1	Assumes a fixed conversion price of $0.003, but such conversion price is subject to adjustment as set forth in the debenture and warrant, respectively.
F2	The Reporting Person was issued a 10% Original Issue Discount ("O.I.D.") Senior Secured Convertible Debenture in the principal amount of $309,485 and 88,424,286 warrants in exchange for a demand promissory note in the principal amount of $250,000 previously issued to the Reporting Person.
F3	The debentures and warrants acquired by the Reporting Person are subject to mandatory conversion upon the occurrence of certain events, as outlined in the debentures and warrants. The original maturity date of the debentures was subsequently extended to February 29, 2024.
F4	Excludes shares issuable at the election of the Reporting Person upon conversion of accrued interest (both past and future) into shares of common stock.
F5	Expiration Date in the event a Qualified Offering is not consummated prior to the maturity date of the debentures the Warrants are issued in connection with.
F6	The Reporting Person purchased a 10% O.I.D. Senior Secured Convertible Debenture in the principal amount of $55,000 and 15,714,286 Warrants for an aggregate purchase price of $50,000 in a private placement offering that closed on November 29, 2022.
F7	The Reporting Person purchased a 10% O.I.D. Senior Secured Convertible Debenture in the principal amount of $155,100 and 44,314,286 Warrants for an aggregate purchase price of $141,000 in a private placement offering that closed on April 22, 2023.