Disclaimer

THE INFORMATION AND RIGHTS OF ACCESS TO THE PLURIS DLOM DATABASE ARE PROVIDED ON AN "AS IS" BASIS. NEITHER VALUSOURCE NOR PLURIS NOR ANY THIRD PARTY SUPPLIER MAKES ANY REPRESENTATION OR WARRANTIES REGARDING THE ACCURACY OF ANY INFORMATION OR THE ABILITY TO USE THE INFORMATION FOR ANY PURPOSE, AND VALUSOURCE, PLURIS, AND ITS THIRD PARTY SUPPLIERS AFFIRMATIVELY DISCLAIM ANY IMPLIED WARRANTIES, INCLUDING WITHOUT LIMITATION, ANY WARRANTY OF NON-INFRINGEMENT, FITNESS FOR A PARTICULAR PURPOSE OR MERCHANTABILITY. SUBSCRIBER AGREES THAT ANY LIABILITY VALUSOURCE MAY HAVE TO SUBSCRIBER ARISING OUT OF ITS ACCESS TO THE WEBSITE OR THE INFORMATION WILL NOT EXCEED ANY FEES SUBSCRIBER PAYS TO VALUSOURCE FOR THE TERM DURING WHICH ANY SUCH LIABILITY AROSE. VALUSOURCE WILL NOT, UNDER ANY CIRCUMSTANCES, BE LIABLE FOR (i) ANY INCIDENTAL, CONSEQUENTIAL, OR INDIRECT DAMAGES OF ANY KIND WHATSOEVER (INCLUDING, BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR INFORMATION, AND THE LIKE) ARISING OUT OF THE USE OF OR INABILITY TO USE THE PLURIS DLOM DATABASE OR ANY OF THE INFORMATION, EVEN IF VALUSOURCE OR ITS AUTHORIZED REPRESENTATIVES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, OR (ii) ANY CLAIM ATTRIBUTABLE TO ERRORS, OMISSIONS, OR OTHER INACCURACIES IN THE PLURIS DLOM DATABASE OR THE INFORMATION. BECAUSE SOME STATES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, IN SUCH STATES, VALUSOURCE’S LIABILITY IS LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.

Issuer Data

Issuer Name

The name of the company that issues the securities in the placement

Symbol

The issuer’s trading ticker as of Issue Date

Exchange

The primary U.S. exchange that the issuer’s security trades on as of Issue Date

SIC Code

The issuer’s primary Standard Industrial Classification system (SIC) code

Sector

The industry sector the issuer belongs to

Transaction Data

Placement ID

Private placement ID number

Issue Date

Date on which the Private Placement is EITHER: (i) Closed, (ii) a Definitive Agreement is entered into or (iii) Announced

Gross Proceeds ($)

Total capital raised from the private placement

Large Gap Close-Annc. (Y/N)

Whether the time-lag between the Issue Date and First Announcement Date exceeds 90 days

Low-Volume Stock (Y/N)

Whether the common stock has daily dollar trading volume less than $5,000

Penny Stock (Y/N)

Whether the common stock has 10-Day VWAP less than $1.00

Pink Sheet Stock (Y/N)

Whether the common stock trades in Pink Sheets

VWAP (10D)

10-Day Volume-Weighted Average Price prior to the Issue Date

C-7

Closing price 7 days prior to the Issue Date

C-1

Closing price 1 day prior to the Issue Date

C+0

Closing price on the Issue Date

C+1

Closing price 1 day after the Issue Date

C+3

Closing 3 days after the Issue Date

C+7

Closing price 7 days after the Issue Date

C+10

Closing price 10 days after the Issue Date

A+0

Closing price on the announcement date of the private placement

A+3

Closing price 3 days after the announcement date of the private placement

Financial Data ($Millions)

Total Assets (LQ)

Total amount of the issuer’s assets from most recent quarterly financial report prior to the Issue Date

Total Liabilities (LQ)

Total amount of the issuer’s liabilities from most recent quarterly financial report prior to the Issue Date

Revenue Growth (1Y LTM)

Revenue growth in the twelve months prior the date of the most recent quarterly financial report prior to the Issue Date

Total Revenues (LTM)

Total revenues in the twelve months prior to the date of the most recent quarterly financial report prior to the Issue Date

EBITDA (LTM)

EBITDA of the issuer in the twelve months prior to the date of the most recent quarterly financial report prior to the Issue Date, where EBITDA is Earnings Before Interest, Taxes, Depreciation & Amortization

Pre Tax Income (LTM)

Pre-Tax income of the twelve months prior to the date of the most recent quarterly financial report prior to the Issue Date

Net Income/ (Loss) (LTM)

Net income of the issuer in the twelve months prior to the date of the most recent quarterly financial report prior to the Issue Date

Net Profit Margin (LTM)

Net Income divided by Total Revenue, expressed as a percentage

Total Debt (LQ)

Total amount of the issuer’s debts from the most recent quarterly financial report prior to the Issue Date

Total Equity (LQ)

Total amount of the issuer’s equity from the most recent quarterly financial report prior to the Issue Date

Market Data

Enterprise Value ($)

The approximate firm value calculated as: Market Capitalization plus Total Debt

EV/Revenue (LTM)

Enterprise Value divided by Total Revenue

P/E (LTM)

Price on the Issue Date divided by average earnings per share

P/E (FY+1)

Price on the Issue Date divided by the estimated average earnings per share for current unreported fiscal year as of the Issue Date

P/E (FY+2)

Price on the Issue date divided by the estimated average earnings per share for next 2 years (including the current unreported fiscal year) as of the Issue Date

P/BV

Price on the Issue Date divided by the book value per share

Z-Score

A measurement of the financial health of the company. Typically, the higher the value, the healthier the company

Dividend Yield

The dividend-price ratio as of Issue Date

Shares Outstanding

The common shares outstanding as of Issue Date

Market Capitalization ($)

Price on the Issue Date multiplied by the Shares Outstanding

Market to Book Ratio

Market Capitalization divided by Total Equity

Beta (1Y S&P 500)

Beta value of the issuer’s stock relative to the S&P 500 Index over the trailing 12-month period as of Issue Date

VIX

The Chicago Board Options Exchange Volatility Index as of the Issue Date. It is the measure of the implied volatility of S&P 500 index options

Voly (Daily 3M)

Annualized daily volatility of the issuer’s stock over the trailing 3-month period as of Issue Date

Voly (Daily 6M)

Annualized daily volatility of the issuer’s stock over the trailing 6-month period as of Issue Date

Voly (Daily 12M)

Annualized daily volatility of the issuer’s stock over the trailing 12-month period as of Issue Date

Voly (Weekly 3M)

Annualized weekly volatility of the issuer’s stock over the trailing 3-month period as of Issue Date

Voly (Weekly 6M)

Annualized weekly volatility of the issuer’s stock over the trailing 6-month period as of Issue Date

Voly (Weekly 12M)

Annualized weekly volatility of the issuer’s stock over the trailing 12-month period as of Issue Date

Average Volume (7 day)

Average daily trading volume of the issuer’s stock over the trailing 7-day period as of the Issue Date

Average Volume (1M)

Average daily trading volume of the issuer’s stock over the trailing 1-month period as of the Issue Date

Average Volume (3M)

Average daily trading volume of the issuer’s stock over the trailing 3-month period as of the Issue Date

Average Volume (6M)

Average daily trading volume of the issuer’s stock over the trailing 6-month period as of the Issue Date

Avg Volume (1Y)

Average daily trading volume of the issuer’s stock over the trailing 12-month period as of the Issue Date

Trading Volume

The applicable average daily trading volume of the issuer’s stock over the trailing 12-month or applicable period as of the Issue Date

Trading Volume ($)

Trading Volume multiplied by the issuer’s closing stock price on Issue Date

Shares Sold

Number of common shares issued in the private placement

Purch Price

The Gross Proceeds divided by the Shares Sold

Registration Rights

Issuer may grant various Registration Rights to Investors who purchase securities in the private placement

MR = Mandatory Registration Right

DR = Demand Registration Right

PB = Piggyback Registration Right

NR = No Registration Right

NA = Information Not Available

Warr. Issued?

Whether warrants were issued in the private placement

Volatility

The applicable annualized daily volatility of the issuer’s stock over the trailing 12-month or applicable period as of the Issue Date

Warrant Data

Number of Warrants

Number of warrants issued in the private placement

Exercise Price

Exercise price of the warrants issued in the private placement

Call Cap (Y/N?)

Whether the issuer of the warrants has the right, under certain specified conditions, to force the holder to exercise the warrants when the underlying common stock price reaches to a trigger price

Cashless Exercise

Whether the investor has a cashless exercise option of the warrants issued in the private placement

Expiration Date

The expiration date of the Warrants

Fair Market Value Per Warrant

Fair market value per warrant as of the Issue Date

Warrants Portion of Gross Proceeds

Proceeds allocated to the warrants, calculated as: Number of Warrants multiplied by Fair Market Value Per Warrant

Restricted Common Data

Common Stock Portion of Proceeds

Proceeds allocated to the common stocks issued in the private placement, calculated as: Gross Proceeds minus Warrants Portion of Gross Proceeds

Block Size (Shares Outstanding)

A measurement of the size of the deal, calculated as: Shares Sold divided by post-deal shares outstanding

Block Size (Volume)

A measurement of the size of the deal, calculated as: Shares Sold divided by the Trading Volume

Block Size (Quarters to Sell)

A measurement of the size of the deal, calculated as: Shares Sold divided by the Quarterly Trading Volume

Effective Purchase Price Per Share

The net purchase price per share excluding the price allocated to the warrant, if there is any. Calculated as: Common Stock Portion of Proceeds divided by Shares Sold

Common Stock Discount

The effective purchase discount of a common share calculated as: 1-(Effective Purchase Price Per Share/C+0)