Risk Factors Update Summary

• The purchase price for Class A common stock decreased from $11.50 to $1.00 per whole warrant.
• Increased regulation may impact operations in 49 states, potentially restricting business and increasing administrative burdens.
• The discussion of "Risk Factors" was expanded to highlight material factors affecting the business.
• No capital is received until warrants are exercised, resulting in $8,900,000 or $1.00 per whole warrant.
• Uncertainty in federal tax treatment of life settlements could lead to significant tax consequences.
• Uncertainties in the valuation of life insurance policies could impact reported net asset values.
• The company's debt outstanding was approximately $139,820,514 as of December 31, 2023.
• Failure to track and pay life insurance policy premiums could result in policy lapses.
• Increased competition in the life settlements industry may affect the Company's ability to access policies.
• Potential increases in insurance premiums by life insurance companies may reduce policy values.
• Potential changes in regulations classifying life settlements as securities could significantly impact the Company.
• Disputes over intellectual property could lead to costly litigation and impact business operations.
• Privacy and cybersecurity risks related to proprietary information could have a material adverse impact.
• Market volatility may affect the trading price of notes, potentially resulting in investment losses.
• Failure to maintain effective internal controls could impact financial reporting accuracy and compliance.