Sean P. Fontenot - Apr 22, 2025 Form 4 Insider Report for CalEthos, Inc. (GEDC)

Role: Director, 10%+ Owner
Signature: /s/ Sean P. Fontenot
Stock symbol: GEDC
Transactions as of: Apr 22, 2025
Transactions value $: $0
Form type: 4
Date filed: 4/28/2025, 07:22 PM
Previous filing: Dec 17, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GEDC	Common Stock						9.08M	Apr 22, 2025	See Footnote	F2

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	GEDC	Warrants	Disposed to Issuer		-2.26M	-50%		2.26M	Apr 22, 2025	Common Stock	2.26M	$2.00	See Footnote	F1, F2
transaction	GEDC	Warrants	Award		+2.26M			2.26M	Apr 22, 2025	Common Stock	2.26M	$0.49	See Footnote	F1, F2
holding	GEDC	Warrants						2M	Apr 22, 2025	Common Stock	2M	$0.54	See Footnote	F2
holding	GEDC	Board of Director Options						750K	Apr 22, 2025	Common Stock	750K	$0.54	Direct
holding	GEDC	Warrants						200K	Apr 22, 2025	Common Stock	200K	$0.50	See Footnote	F2

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

Explanation of Responses:

Id	Content
F1	The two reported transactions involved an amendment of outstanding warrants to purchase 2,258,877 shares of Common Stock (the "Warrants"), which were previously issued to Nanosha (as defined in footnote 2) by CalEthos, Inc. (the "Issuer") on December 15, 2024.
F2	The reported securities are owned by Nanosha Investments LLC ("Nanosha"), a company of which the reporting person is the principal member. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.