| (a) | Amount beneficially owned:
(i) Immediately following the execution of the Securities Purchase Agreement with the Issuer on January 7, 2025 (the "SPA") (as disclosed in the Form 6-K filed by the Issuer with the Securities and Exchange Commission on January 8, 2025), each of the Reporting Persons may have been deemed to have beneficial ownership of 903,555 Ordinary Shares, which consisted of (i) 606,061 Ordinary Shares to be issued to Intracoastal at the closing of the transaction contemplated by the SPA, (ii) 58,789 Ordinary Shares issuable upon exercise of a warrant held by Intracoastal ("Intracoastal Warrant 1"), (iii) 4,697 Ordinary Shares issuable upon exercise of a second warrant held by Intracoastal ("Intracoastal Warrant 2"), (iv) 175,500 Ordinary Shares issuable upon exercise of a third warrant held by Intracoastal ("Intracoastal Warrant 3") and (v) 58,508 Ordinary Shares issuable upon exercise of a fourth warrant held by Intracoastal ("Intracoastal Warrant 4"), and all such Ordinary Shares represent beneficial ownership of approximately 9.3% of the Ordinary Shares, based on (1) 8,808,616 Ordinary Shares outstanding as of January 6, 2025, as reported by the Issuer, plus (2) 606,061 Ordinary Shares to be issued to Intracoastal at the closing of the transaction contemplated by the SPA, (3) 58,789 Ordinary Shares issuable upon exercise of Intracoastal Warrant 1, (4) 4,697 Ordinary Shares issuable upon exercise of Intracoastal Warrant 2, (5) 175,500 Ordinary Shares issuable upon exercise of Intracoastal Warrant 3 and (6) 58,508 Ordinary Shares issuable upon exercise of Intracoastal Warrant 4. The foregoing excludes 606,061 Ordinary Shares issuable upon exercise of a warrant to be issued to Intracoastal at the closing of the transaction contemplated by the SPA ("Intracoastal Warrant 5") because Intracoastal Warrant 5 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 5 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Ordinary Shares. Without such blocker provision, each of the Reporting Persons may have been deemed to have beneficial ownership of 1,509,616 Ordinary Shares.
(ii) As of the close of business on January 14, 2025, each of the Reporting Persons may have been deemed to have beneficial ownership of 553,821 Ordinary Shares, which consisted of (i) 82,000 Ordinary Shares held by Intracoastal, (ii) 58,789 Ordinary Shares issuable upon exercise of Intracoastal Warrant 1, (iii) 4,697 Ordinary Shares issuable upon exercise of Intracoastal Warrant 2, (iv) 175,500 Ordinary Shares issuable upon exercise of Intracoastal Warrant 3, (v) 58,508 Ordinary Shares issuable upon exercise of Intracoastal Warrant 4 and (vi) 174,327 Ordinary Shares issuable upon exercise of Intracoastal Warrant 5, and all such Ordinary Shares represented beneficial ownership of approximately 4.99% of the Ordinary Shares, based on (1) 8,808,616 Ordinary Shares outstanding as of January 6, 2025, as reported by the Issuer, plus (2) 1,818,183 Ordinary Shares in the aggregate issued at the closing of transaction contemplated by the SPA, (3) 58,789 Ordinary Shares issuable upon exercise of Intracoastal Warrant 1, (4) 4,697 Ordinary Shares issuable upon exercise of Intracoastal Warrant 2, (5) 175,500 Ordinary Shares issuable upon exercise of Intracoastal Warrant 3, (6) 58,508 Ordinary Shares issuable upon exercise of Intracoastal Warrant 4 and (7) 174,327 Ordinary Shares issuable upon exercise of Intracoastal Warrant 5. The foregoing excludes 431,734 Ordinary Shares issuable upon exercise of Intracoastal Warrant 5 because Intracoastal Warrant 5 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 5 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Ordinary Shares. Without such blocker provision, each of the Reporting Persons may have been deemed to have beneficial ownership of 985,555 Ordinary Shares. |
Rule
13d-1(b) 
Rule
13d-1(c)