Transaction Details

Footnotes

On October 29, 2025 (the "Closing Date"), the Issuer completed the transactions contemplated by the Business Combination Agreement, dated as of January 6, 2025 (the "Business Combination Agreement"), by and among the Issuer, The Walt Disney Company, and Hulu LLC (the "Transactions"). In connection with the consummation of the Transactions, the Issuer accelerated the vesting of the restricted stock unit awards ("RSUs") held by the Reporting Person that were previously reported in his Form 4 filings. | Each RSU represented a contingent right to receive one share of the Issuer's common stock, par value $0.0001 per share ("Common Stock"). | Pursuant to the Business Combination Agreement, on the Closing Date, the Issuer effected a conversion from a Florida corporation to a Delaware corporation (the "Conversion"). Upon effectiveness of the Conversion, each issued and outstanding share of Common Stock was automatically converted into an issued and outstanding share of Class A common stock, par value $0.0001 per share.