SideChannel issues 62M shares after SCS revenue milestone; Sellers now own 57.6% of stock

SideChannel, Inc.

SCS achieved $5.7M trailing 12-month revenue, exceeding $5.5M earnout milestone.
Board approved issuance of 62,016,618 common shares to Sellers (Second Tranche + working capital adjustment).
Sellers now hold ~57.6% of 211,587,899 outstanding shares as of May 4, 2023.
Shares subject to lock-up: no sales for 24 months from July 2022, but 20% can be sold after 12 months (after July 2023).

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