Icon Media Holdings Inc (ICNM)

[Ribo]

The purchase price for the acquisition is US$125,087,937 dollars which is based on the closing price of AAPT on May 12th, 2022, assuming all Preferred Stock have been converted into Common Stock.

The purchase consideration for Kuora China is US$125,087, 937, equivalent to 521.1997375 special preferred A shares of ICNM.

AAPT will be issued with 521 of ICNM special preferred A shares and

the decimal places will be satisfied by issuance of 39,947,500 Common Shares of ICNM

https://www.sec.gov/Archives/edgar/data/1115911/000190359623000038/sfsicnm8k011123.htm