Xeriant settles debt with Auctus Fund, issuing 30M shares and agreeing to $3.5M payment

XERIANT, INC.

Xeriant issued 30,000,000 unrestricted shares to Auctus pursuant to a February 2025 conversion notice.
Xeriant must pay Auctus $3.5 million in four installments: $1M each at 75, 105, 135 days, and $500K at 165 days from Oct 29, 2025.
Auctus will suspend conversion rights and return two warrants (25M shares each) upon full payment of $3.5M.
Xeriant released all claims against Auctus related to the Note and warrants, and agreed not to sue.
Litigation proceeds from Xeriant's case against XTI Aircraft will be shared with Auctus on a preferred basis after legal fees.

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