| Name and Principal Position | Year | Salary ($) | Bonus ($) | Stock Awards ($) | Option Awards ($) | Non-Equity Incentive Plan Compensation ($) | Non-Qualified Deferred Compensation Earnings ($) | All Other Compensation ($) | Total ($) | |||||||||||||||||||||||||
| Swapan Kataria* | 2023 | $ | — | — | — | — | — | — | $ | 666,000 | $ | 666,000 | ||||||||||||||||||||||
| Chief Executive Officer | 2022 | $ | 499,287 | — | — | — | — | — | — | $ | 499,287 | |||||||||||||||||||||||
| Jørn Husemoen | 2023 | $ | 155,000 | — | — | — | — | — | $ | 308,000 | $ | 463,000 | ||||||||||||||||||||||
| Chief Financial Officer | 2022 | $ | 162,000 | — | — | — | — | — | $ | 325,000 | $ | 487,000 | ||||||||||||||||||||||
| Gunnar Knutsen* | 2023 | $ | 132,000 | — | — | — | — | — | $ | 379,000 | $ | 511,000 | ||||||||||||||||||||||
| President | 2022 | — | — | — | — | — | — | $ | 222,000 | $ | 222,000 | |||||||||||||||||||||||
| Name | Fees Earned or Paid in Cash ($) | Stock Awards ($) | Total ($) | |||||||||
| Jørn Skule Husemoen | $ | 135,000 | — | $ | 135,000 | |||||||
| Swapan Kataria | $ | 41,000 | — | $ | 41,000 | |||||||
| Aslak Aslaksen | $ | 52,000 | — | $ | 52,000 | |||||||
| As of December 31, 2023 | ||||
| Pro Forma | ||||
| (in thousands) | ||||
| Cash and cash equivalents | $ | 5,607 | ||
| Equity: | ||||
| PubCo ordinary shares | 7 | |||
| Share premium | 322,553 | |||
| Reserves | 12,341 | |||
| Accumulated deficit | (118,135) | |||
| Cumulative translation differences | 1,684 | |||
| Non-controlling interest | (88) | |||
| Total equity: | 218,362 | |||
| Debt: | ||||
| Current interest-bearing liabilities | 1,212 | |||
| Current lease liabilities | 13 | |||
| Trade payables | 2,861 | |||
| Provisions | 10,511 | |||
| Other current Liabilities | 750 | |||
| April 2024 Notes | 1,000 | |||
| SPA Notes - derivative liability | 771 | |||
| Polar convertible promissory notes | 372 | |||
| Polar convertible promissory notes – derivative | 153 | |||
| CCM convertible promissory notes – derivative liability | 1,079 | |||
| Vendor promissory notes | 3,500 | |||
| Vendor promissory notes – derivative liability | 5,723 | |||
| Due to related party | 241 | |||
| Total Debt: | 28,186 | |||
| Total capitalization | $ | 246,548 | ||
| Name and Address of Beneficial Owner | Number of Pubco Ordinary Shares Beneficially Owned | Percentage of Pubco Ordinary Shares | ||||||
| 5% Holders of Pubco: | ||||||||
| Catcha Holdings LLC (1) | 8,037,855 | 9.3 | % | |||||
| Swapan Kataria (2) | 17,539,225 | 20.3 | % | |||||
| Raghava Corporate Pte Ltd (3) | 6,855,862 | 7.9 | % | |||||
| Directors and Executive Officers of PubCo | ||||||||
| Swapan Kataria (2) | 17,539,225 | 20.3 | % | |||||
| Jørn Skule Husemoen (4) | 1,377,815 | 1.5 | % | |||||
| Gunnar Knutsen (5) | 312,175 | 0.3 | % | |||||
| All Executive Officers and Directors as a Group | 19,229,215 | 22.1 | % | |||||
