Sean Paul Fontenot Exits Position in CalEthos, Inc. via Acquisition Agreement

Sean Paul Fontenot has filed a Second Amendment to his Schedule 13D, serving as an exit filing for his holdings in CalEthos, Inc. (GEDC). The filing corrects inadvertent omissions from a previous amendment and confirms that the Reporting Person has disposed of his entire beneficial ownership of the company's common stock. This divestment was executed pursuant to an Acquisition Agreement dated September 7, 2024, with SFO IDF LLC, under which SFO acquired all securities of the Issuer previously held by Fontenot. Following this transaction, Fontenot reports owning zero shares, representing a 0% ownership stake. Fontenot, who serves as a member of the Board of Directors for CalEthos, Inc., stated that he has no current plans or proposals that would result in further transactions involving the issuer's securities, although he reserves the right to review this position in the future. The filing marks the complete exit of his reportable beneficial interest in the company.