| (a) | Amount beneficially owned:
(i) As of the close of business on January 21, 2025, each of the Reporting Persons may have been deemed to have beneficial ownership of 496,164 Ordinary Shares, which consisted of (i) 50,000 Ordinary Shares held by Intracoastal and (ii) 446,164 Ordinary Shares issuable upon conversion of a convertible note held by Intracoastal ("Intracoastal Convertible Note 1"), and all such Ordinary Shares represent beneficial ownership of approximately 9.99% of the Ordinary Shares, based on (1) 4,520,447 Ordinary Shares outstanding as of January 16, 2025, as reported by the Issuer, plus (2) 446,164 Ordinary Shares issuable upon conversion of Intracoastal Convertible Note 1. The foregoing excludes (I) 1,400,341 Ordinary Shares issuable upon conversion of Intracoastal Convertible Note 1 because Intracoastal Convertible Note 1 contains a blocker provision under which the holder thereof does not have the right to convert Intracoastal Convertible Note 1 to the extent (but only to the extent) that such conversion 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 9.99% of the Ordinary Shares, (II) 131 Ordinary Shares issuable upon exercise of a warrant held by Intracoastal ("Intracoastal Warrant 1") because Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 1 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 9.99% of the Ordinary Shares, (III) 705,055 Ordinary Shares issuable upon exercise of a second warrant held by Intracoastal ("Intracoastal Warrant 2") because Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 2 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, (IV) 8,152 Ordinary Shares issuable upon exercise of a third warrant held by Intracoastal ("Intracoastal Warrant 3") because Intracoastal Warrant 3 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 3 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 and (V) 281,545 Ordinary Shares issuable upon conversion of second convertible note held by Intracoastal ("Intracoastal Convertible Note 2") because Intracoastal Convertible Note 2 contains a blocker provision under which the holder thereof does not have the right to convert Intracoastal Convertible Note 2 to the extent (but only to the extent) that such conversion 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 provisions, each of the Reporting Persons may have been deemed to have beneficial ownership of 2,891,388 Ordinary Shares.
(ii) As of the close of business on January 24, 2025, each of the Reporting Persons may have been deemed to have beneficial ownership of 504,488 Ordinary Shares, which consisted of (i) 325,000 Ordinary Shares held by Intracoastal and (ii) 179,488 Ordinary Shares issuable upon conversion of Intracoastal Convertible Note 1, and all such Ordinary Shares represented beneficial ownership of approximately 9.99% of the Ordinary Shares, based on (1) 4,520,447 Ordinary Shares outstanding as of January 16, 2025, as reported by the Issuer, plus (2) 350,000 Ordinary Shares issued to Intracoastal upon conversion of Intracoastal Convertible Note 1 and Intracoastal Convertible Note 2 and (3) 179,488 Ordinary Shares issuable upon conversion of Intracoastal Convertible Note 1. The foregoing excludes (I) 1,618,824 Ordinary Shares issuable upon conversion of Intracoastal Convertible Note 1 because Intracoastal Convertible Note 1 contains a blocker provision under which the holder thereof does not have the right to convert Intracoastal Convertible Note 1 to the extent (but only to the extent) that such conversion 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 9.99% of the Ordinary Shares, (II) 131 Ordinary Shares issuable upon exercise of Intracoastal Warrant 1 because Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 1 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 9.99% of the Ordinary Shares, (III) 705,055 Ordinary Shares issuable upon exercise of Intracoastal Warrant 2 because Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 2 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, (IV) 8,152 Ordinary Shares issuable upon exercise of Intracoastal Warrant 3 because Intracoastal Warrant 3 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 3 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 and (V) 38,176 Ordinary Shares issuable upon conversion of Intracoastal Convertible Note 2 because Intracoastal Convertible Note 2 contains a blocker provision under which the holder thereof does not have the right to convert Intracoastal Convertible Note 2 to the extent (but only to the extent) that such conversion 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 provisions, each of the Reporting Persons may have been deemed to have beneficial ownership of 2,874,826 Ordinary Shares. |
Rule
13d-1(b) 
Rule
13d-1(c)