Item 3.02 Unregistered Sales of Equity Securities.
On November 28, 2022, EKIMAS Corporation (the "Company") issued (i) to David
Volpe a warrant to purchase 500,000 shares of the Company's Common Stock and
(ii) to Bennett J. Yankowitz a warrant to purchase 250,000 shares of the
Company's Common Stock (the "Warrants").
The Warrants have a term expiring on December 31, 2027, are fully vested on the
date of issuance, and have an exercise price equal of $1.00 per share, subject
to adjustment for stock splits, stock dividends, certain changes in control and
subsequent sales of the Company's securities at a price per share lower than the
exercise price of the Warrants, as described in Section 9 of the Warrants.
Copies of the Warrants are attached as Exhibits to this Current Report.
Mr. Volpe's Warrants were issued as compensation for consulting services
provided to the Company. Mr. Yankowitz's Warrants were issued as compensation
for his acting as the sole director and the chief executive officer of the
Company. Mr. Yankowitz receives no other compensation from the Company.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit Number Description
10.1 Warrant to Purchase Common Stock, dated November 28, 2022,
issued to David Volpe
10.2 Warrant to Purchase Common Stock, dated November 28, 2022,
issued to Bennett J. Yankowitz
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)© Edgar Online, source Glimpses
NORDICUS PARTNERS CORPORATION 
