| (1) |
Pursuant
to Rule 416 under the Securities Act of 1933, as amended, or the Securities Act, the Registrant is also registering hereunder an
indeterminate number of additional shares of common stock that shall be issuable pursuant to Rule 416 to prevent dilution resulting
from share splits, share dividends or similar transactions.
Consists
of up to 187,552,665 shares of common stock being registered for resale by the selling securityholders named in this Registration
Statement which includes up to 187,552,665 shares of common stock which consists of (a) 2,900,551 shares of our common stock
issuable upon the exercise of warrants to purchase Common Stock (“July Warrants”), purchased by certain investors
pursuant to the Securities Purchase Agreement, dated July 7, 2025, (the “July PIPE SPA”) (the “July PIPE
Financing”); (b) 171,373,512 shares of our common stock which represents 200% of the 31,158,945 shares of our common stock
issuable upon the conversion of shares of our Series A Convertible Preferred Stock, par value $0.0001 (the “Series A Preferred
Stock”) and 54,527,811 shares of our common stock issuable upon exercise of warrants to purchase Common Stock (“October
Warrants”), purchased by certain investors pursuant to the Securities Purchase Agreement, dated October 27, 2025, (the
“October PIPE SPA”) (the “October PIPE Financing”); (c) 499,304 shares of our common stock issuable in
exchange for shares of the capital stock of SRx Health Solutions (Canada), Inc. (“SRx Canada”), a corporation organized
under the laws of Ontario, Canada which are exchangeable for shares of our Common Stock on a one-for-one basis (the
“Exchangeable Shares”); (d) 4,036,697 shares of our common stock, which were issued to certain other investors in
private placement on April 24, 2025 (the “Private Placement”); (e) 3,792,586 shares of our common stock, which were
issued to certain service providers in consideration of service provided (the “Service Provider Shares”); and (f)
4,950,000 shares of our common stock, which were issued to Halo Spin-Out SPV Inc. (“Spin-Out SPV”) pursuant to a Share
Exchange Agreement (the “Exchange Agreement”) by and between the Company and SPV dated August 21, 2025 (such
transaction, the “Share Exchange”).
Estimated
solely for the purpose of computing the amount of the registration fee for the shares of common stock being
registered in accordance with Rule 457(c) under the Securities Act based upon a proposed maximum aggregate offering price per unit of
$0.3.045 per share, the average of the high ($0.4090) and low ($0.0840) prices of the shares of common stock of the registrant as reported
on the NYSE American on December 19, 2025, which such date is within five business days of the filing of this registration statement. |