Imperial Petroleum Inc (IMPP)

[SILVERSURFER4263]

look at strike prices

The number of shares of common stock to be outstanding after this offering is based on 70,110,172 shares of common stock outstanding as of May 1, 2022, and excludes:



•
43,000 shares of common stock subject to outstanding Class A Warrants with an exercise price of $1.25 per share, which expire on February 2, 2027;



•
42,952,000 shares of common stock subject to outstanding Class B Warrants with an exercise price of $1.60 per share, which expire on March 23, 2027;



•
1,724,998 shares of common stock subject to outstanding March 2022 Representative’s Purchase Warrants with an exercise price of $2.00 per share, which become exercisable on September 18, 2022 and expire on March 18, 2027; and



•
552,000 shares of common stock subject to outstanding February 2022 Representative’s Purchase Warrants with an exercise price of $1.375 per share, which become exercisable on July 31, 2022 and expire on January 31, 2027.