LONDAX CORP. 10-Q

 false 2024 FY 0001985554 LV

 2023-11-30

 2024-08-19

 2023-05-18

 2023-05-18

 2023-05-18

 2023-05-18

 NONE:OlegsPavlovsMember

 us-gaap: EquipmentMember

 NONE:WebsiteDevelopmentCostsMember

 srt: DirectorMember

 NONE:ConsiderationMember

 2024-01-01
 2024-01-31

 NONE:ConsiderationMember

 2024-02-01
 2024-02-28

 2024-03-01

 UNITED STATES

 SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 Form 10-K

 Annual Report pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934

 For the fiscal year ended May 31, 2024

 Transition Report pursuant to Section
13 or 15(d) of the Securities Exchange Act of 1934

 For the transition period from __________ to __________

 Commission file number 333-274140

 (Exact name of registrant as specified in its charter)

 Wyoming

 7371

 35-2807931

 State or Other Jurisdiction of

 Primary Standard Industrial

 IRS Employer

 Incorporation or Organization

 Classification Code Number

 Identification Number

 Puces iela 47, Riga,

 Latvia LV-1082

 +372 712 1419

 londaxcorp@protonmail.com

 (Address and telephone number of principal executive
offices)

 Securities registered under Section 12(b) of the Exchange Act:

 Title of each class

 Trading Symbol

 Name of each exchange on which registered

 N/A

 N/A

 N/A

 Securities registered under Section 12(g) of the Exchange Act:

 None

 (Title of Class)

 Indicate by check mark if the registrant is a
well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No

 Indicate by check mark if the registrant is not
required to file reports pursuant to Section 13 or Section 15(d) of the Exchange Act. Yes No

 Indicate by check mark whether the registrant
(1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject
to such filing requirements for the past 90 days. Yes No

 Indicate by check mark whether the registrant
has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405
of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes
 No

 Indicate by check mark whether
the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging
growth company. See the definitions of "large accelerated filer," "accelerated filer", "smaller reporting
company", and "emerging growth company" in Rule 12b-2 of the Exchange Act.

 Large accelerated filer

 Accelerated filer

 Non-accelerated filer

 Smaller reporting company

 Emerging Growth Company

 If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.

 Indicate
by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness
of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered
public accounting firm that prepared or issued its audit report. Yes No

 If
securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant
included in the filing reflect the correction of an error to previously issued financial statements.

 Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation
received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b).

 Indicate by check mark whether the registrant
is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No

 The aggregate market
value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity
was last sold, or the average bid and asked price of such common equity, as of November 30, 2023 was $ 0.

 State the number of shares outstanding of each
of the issuer's classes of common equity, as of the latest practicable date: 5,231,135
common shares issued and outstanding as of August 19, 2024.

 Page

 Item 1.

 Description of Business.

 Item 1A.

 Risk Factors.

 Item 1B.

 Unresolved Staff Comments.

 Item 1C.

 Cybersecurity.

 Item 2

 Properties.

 Item 3.

 Legal proceedings.

 Item 4.

 Mine Safety Disclosures.

 Item 5.

 Market for Common Equity and Related Stockholder Matters.

 Item 6.

 Selected Financial Data.

 Item 7.

 Management's Discussion and Analysis of Financial Condition and Results of Operations.

 Item 7A.

 Quantitative and Qualitative Disclosures About Market Risk.

 Item 8.

 Financial Statements and Supplementary Data.

 Item 9.

 Changes In and Disagreements with Accountants on Accounting and Financial Disclosure.

 Item 9A.

 Controls and Procedures.

 Item 9B.

 Other Information.

 Item 10

 Directors, Executive Officers, and Control Persons of the Company.

 Item 11.

 Executive Compensation.

 Item 12.

 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

 Item 13.

 Certain Relationships and Related Transactions, and Director Independence.

 Item 14.

 Principal Accounting Fees and Services.

 Item 15.

 Exhibits.

 Signatures

 i

 Item 1. Description of Business

 DESCRIPTION OF BUSINESS

 Our company was established as a Wyoming corporation
on May 19, 2023. As a developmental-stage enterprise, our primary focus is on offering IT consulting services and software development
solutions. Our web site is  We have developed and implemented our flagship product  which comprises
a Customer Relationship Management (CRM) System, Applicant Tracking Systems (ATS), and out-staffing services. Our aim is to provide high-quality
and innovative business solutions to our clients while ensuring superior customer satisfaction.

 Our principal executive office is located at Puces
iela 47, Riga, Latvia LV-1082. Our phone number is +372 712 1419.

 Our company has developed and implemented a customized
Customer Relationship Management (CRM) System that facilitates out-staffing for our future clients. Our software is designed to seamlessly
integrate into our clients' corporate structure, enabling them to hire and manage their staff, including top managers and IT specialists,
with ease.

 We are operating
in Europe with potential for working worldwide. From a technical perspective, londax.ai is a web application consisting of Frontend and
Backend components hosted on cloud services provided by AWS. Londax.ai CRM system is developed for analyzing and monitoring the
recruitment process using a funnel (hiring stages) and analyzing the KPIs of the already hired personnel. Currently, our main dashboard
consists of: 1) Segment for Recruitment: funnel, creating job postings (manual \ AI) and
portal for applicants.2) Segment for Employees: Profile, password and personal data change and Help.

 For the Artificial Intelligence functionality (advertisement generation),
the OpenAI API is used.

 Revenue

 Our possible revenue streams are following:

 1.

 Subscription-Based Revenue Model: This revenue stream involves charging clients a monthly or annual fee for access to our CRM system. We can offer various rate plans, enabling clients to choose a subscription that best suits their needs and budget.

 2.

 Customization Services: We can charge clients on a project basis for customization services. This revenue stream involves working closely with clients to develop customized solutions that meet their specific needs and objectives.

 3.

 Data Migration Services: We can partner with data management companies to offer data migration services to clients who need to transfer their data from their existing system to our CRM system. This revenue stream involves charging clients a fee for data migration services.

 4.

 Training and Consulting Services: We can offer training and consulting services to help clients get the most out of our CRM system. This revenue stream involves charging clients a fee for training and consulting services.

 5.

 Integration Services: We can offer integration services to enable clients to integrate our CRM system with other software solutions. This revenue stream involves charging clients a fee for integration services.

 6.

 Maintenance and Support Services: We can offer maintenance and support services to ensure that our clients' CRM system is functioning properly and to provide technical support as needed. This revenue stream involves charging clients a fee for maintenance and support services.

 7.

 Upgrades and Add-Ons: We can offer upgrades and add-ons to our CRM system to provide additional functionality or to keep up with changing technologies. This revenue stream involves charging clients a fee for upgrades and add-ons.

 Marketing and Competition

 Our business is focused on the online market,
and we intend to utilize various online marketing tools to promote our services effectively. To reach our potential clients, we plan to
employ banners, flags, and video advertisements on popular social media platforms such as Facebook, Twitter, Instagram, and YouTube. We
will present our services in an organized web catalog that can be easily accessed through our website and mobile application. Our catalog
will be categorized and tagged to facilitate user-friendliness.

 We intend to leverage context advertising tools
such as Google AdWords, Yahoo!, and similar tools provided by AOL and Facebook to attract customer attention. Additionally, we will utilize
SEO (Search Engine Optimization) to ensure that our application and web platform appear at the top of search queries related to our services.

 We will participate in advertising conventions,
workshops, presentations, and similar events to promote our application and services. We will also advertise our services in printed and
electronic issues of magazines, commercial web communities, and communities of advertising professionals.

 To further enhance our promotional activities,
we will establish our social media pages on popular platforms such as Facebook, Twitter, and Instagram. We plan to demonstrate how our
product works and performs on these platforms to increase customer engagement. We will also use WhatsApp accounts to post up-to-date information
and create discussion channels with our customers and interested individuals. We believe that instant messaging platforms like WhatsApp,
Telegram, and others will help us react and interact with our customers more efficiently.

 Our company has designed our services to cater
to small to midsize business entities, with the flexibility to adjust and accommodate their evolving needs as they grow.

 We operate in a highly competitive industry; our
strategy focuses on the following aspects:

 1.

 Our sole officer and director have professional management and marketing experience and a vast network.

 2.

 Our customized approach aligns with the values, mission, and market needs of our clients.

 3.

 We continuously analyze contemporary social media trends without interruption.

 4.

 We utilize AI, data science, and data analysis to increase efficiency and productivity.

 Despite the presence of numerous competitors in
the market, our advantages include a focus on small and medium-sized businesses, as well as a willingness to work with larger companies.
We prioritize customization and tailor our products and solutions to meet our clients' unique needs, while also providing maximum integration
on their behalf.

 Employees; Identification of Certain Significant Employees.

 We have no employees other than our sole
officer and director, Olegs Pavlovs who currently devotes approximately twenty hours per week to company matters.

 Government Regulation

 Our principal office is located in Latvia and
we are intending to operate in EU (European Union). We are might be subject of following EU governmental regulations:

 GDPR governs the processing of personal data in
the European Union (EU). Our Company must ensure that we comply with GDPR when collecting, storing, and processing personal data through
their software products.

 Consumer Protection Laws. This EU directive establishes
rules for online and distance sales, including software. It covers issues such as the right of withdrawal, warranties, and dispute resolution.

 Copyright Law: Software is subject to copyright
protection in most European countries. Our Company must respect the intellectual property rights of others and enforce their own software
copyrights.

 Export Control Regulations: If our software includes
encryption technology or has other export-controlled components, we may need to comply with EU and national export control regulations.

 E-Commerce Directive: This directive addresses
various legal aspects of e-commerce, including electronic contracts, electronic signatures, and liability of online service providers.

 Antitrust and Competition Laws: Our Company must
comply with EU and national competition laws, which can affect software pricing, distribution, and licensing practices.

 VAT (Value Added Tax): VAT rules can vary from
country to country within the EU, and they may apply to the sale of our software products.

 Contract Law: Software sales often involve licensing
agreements and contracts. Company should ensure that our contracts comply with applicable contract laws and are enforceable.

 Network and Information Security Directive (NIS
Directive): This directive imposes cybersecurity requirements on operators of essential services and digital service providers.

 Sanctions and Embargoes: Depending on the nature
of our software and its use cases, we may need to be aware of EU sanctions and embargoes that restrict the sale or export of certain software
products to specific countries.

 Offices

 Our business office is located at Puces iela 47,
Riga, Latvia LV-1082. This address was provided by sole officer and president, Mr. Pavlovs. Our telephone number is +372
712 1419.

 Item 1A. Risk Factors

 Not applicable to smaller reporting
companies.

 Item 1B. Unresolved Staff Comments

 Not applicable to smaller reporting companies.

 Item 1C. Cybersecurity

 None.

 Item 2. Properties.

 We do not own any real estate or other properties.

 Item 3. Legal Proceedings

 During the past ten years, none of the following
occurred with respect to the President of the Company: (1) any bankruptcy petition filed by or against any business of which such person
was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time; (2) any conviction
in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses); (3)
being subject to any order, judgment or decree, not subsequently reversed, suspended or vacated, of any court of any competent jurisdiction,
permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or
banking activities; and (4) being found by a court of competent jurisdiction (in a civil action), the SEC or the commodities futures trading
commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended or vacated.

 We are not currently a party to any legal proceedings,
and we are not aware of any pending or potential legal actions.

 Item 4. Mine Safety Disclosures

 Not applicable.

 Item 5. Market for Common Equity and Related
Stockholder Matters

 MARKET INFORMATION

 There is presently no public market for our common
stock. We anticipate making an application for trading of our common stock on the OTC Link upon the effectiveness of the registration
statement of which this prospectus forms a part. We can provide no assurance that our shares will be traded on the OTC Link, or if traded,
that a public market will materialize.

 The Securities Exchange Commission has adopted
rules that regulate broker-dealer practices in connection with transactions in penny stocks. Penny stocks are generally equity securities
with a price of less than $5.00, other than securities registered on certain national securities exchanges or quoted on the NASDAQ system,
provided that current price and volume information with respect to transactions in such securities is provided by the exchange or system.
The penny stock rules require a broker-dealer, prior to a transaction in a penny stock, to deliver a standardized risk disclosure document
prepared by the Commission, that: (a) contains a description of the nature and level of risk in the market for penny stocks in both public
offerings and secondary trading;(b) contains a description of the broker's or dealer's duties to the customer and of the rights and remedies
available to the customer with respect to a violation to such duties or other requirements of Securities' laws; (c) contains a brief,
clear, narrative description of a dealer market, including bid and ask prices for penny stocks and the significance of the spread between
the bid and ask price;(d) contains a toll-free telephone number for inquiries on disciplinary actions;(e) defines significant terms in
the disclosure document or in the conduct of trading in penny stocks; and;(f) contains such other information and is in such form, including
language, type, size and format, as the Commission shall require by rule or regulation.

 The broker-dealer also must provide, prior to
effecting any transaction in a penny stock, the customer with; (a) bid and offer quotations for the penny stock;(b) the compensation of
the broker-dealer and its salesperson in the transaction;(c) the number of shares to which such bid and ask prices apply, or other comparable
information relating to the depth and liquidity of the market for such stock; and (d) a monthly account statements showing the market
value of each penny stock held in the customer's account.

 In addition, the penny stock rules require that
prior to a transaction in a penny stock not otherwise exempt from those rules; the broker-dealer must make a special written determination
that the penny stock is a suitable investment for the purchaser and receive the purchaser's written acknowledgment of the receipt of a
risk disclosure statement, a written agreement to transactions involving penny stocks, and a signed and dated copy of a written suitability
statement.

 These disclosure requirements may have the effect
of reducing the trading activity in the secondary market for our stock if it becomes subject to these penny stock rules. Therefore, because
our common stock is subject to the penny stock rules, stockholders may have difficulty selling those securities.

 HOLDERS

 Currently, we have 52 holders of record of our common stock.

 DIVIDEND POLICY

 There are no restrictions in our articles of incorporation
or bylaws that prevent us from declaring dividends. The Wyoming Revised Statutes, however, do prohibit us from declaring dividends where
after giving effect to the distribution of the dividend:

 1. we would not be able to pay our debts as they
become due in the usual course of business, or;

 2. our total assets would be less than the sum
of our total liabilities plus the amount that would be needed to satisfy the rights of shareholders who have preferential rights superior
to those receiving the distribution.

 We have not declared any dividends and we do not
plan to declare any dividends in the foreseeable future.

 SECURITIES AUTHORIZED UNDER EQUITY COMPENSATION PLANS

 We have no equity compensation or stock option
plans.

 RECENT SALES OF UNREGISTERED SECURITIES

 The Company has 75,000,000,
$0.001 par value shares of common stock authorized.

 On May 31, 2023 the Company
issued 4,000,000 shares of common stock to a director for consideration of $4,000 at par value $0.001 per share.

 In January 2024 the Company
issued 705,203 shares of common stock for consideration of $21,156 at par value $0.03 per share.

 In February 2024 the
Company issued 420,200 shares of common stock for consideration of $12,606 at par value $0.03 per share.

 In March 2024 the Company
issued 105,732 shares of common stock for consideration of $3,172 at par value $0.03 per share.

 There were 5,231,135
and 4,000,000 shares of common stock issued and outstanding as of May 31, 2024 and 2023.

 OTHER STOCKHOLDER MATTERS

 None.

 Item 6. Selected Financial Data

 Not applicable to smaller reporting companies.

 Item 7. Management's Discussion and Analysis of Financial Condition
and Results of Operations

 Results of Operations for the years ended May 31, 2024 and 2023:

 Revenue

 For the years ended May 31, 2024 and 2023, the
Company generated total revenue of $25,297 and $0, respectively, from providing services to its customers.

 Operating expenses

 Total expenses for the year ended May 31, 2024
were $27,179 ($199 for the year ended May 31, 2023) consisting of depreciation expense of $1,100 ($0 for the year ended May 31, 2023);
general and administrative expenses of $4,271 ($0 for the year ended May 31, 2023); professional fees of $21,808 ($199 for the year ended
May 31, 2023).

 Net Losses

 The company recorded a net loss of $1,882 for
the years ended May 31, 2024, and $199 for the year ended May 31, 2023.

 LIQUIDITY AND CAPITAL RESOURCES

 As of May 31, 2024, the Company had $1,664 in
cash and our liabilities were $18,772, comprising $14,512 in accounts payable and $4,260 owed to Olegs Pavlovs, our sole officer and director.

 As of May 31, 2023, the Company had $4,000 in
cash and our liabilities were $760, comprising $760 owed to Olegs Pavlovs, our sole officer and director.

 Since inception, we have sold 5,231,135 shares
of common stock to our director and shareholders.

 Cash Flows from Operating Activities

 For the year ended May 31, 2024 net cash flows
used in operating activities was $53,782.

 For the year ended May 31, 2023 net cash flows
used in operating activities was $199.

 Cash Flows from Investing Activities

 For the year ended May 31, 2024 net cash flows
provided by or used in investing activities was $3,500.

 For the year ended May 31, 2023 net cash flows
provided by or used in investing activities was $561.

 Cash Flows from Financing Activities

 For the year ended May 31, 2024 net cash flows
provided by financing activities was $54,946.

 For the year ended May 31, 2023 net cash flows
provided by financing activities was $4,760.

 Recent Accounting Pronouncements

 The Company has reviewed all the recent accounting
pronouncements issued to date of the issuance of these financial statements, and does not believe any of these pronouncements will have
a material impact on the Company's financial reporting.

 OFF-BALANCE SHEET ARRANGEMENTS

 We have no off-balance sheet arrangements that
have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues
or expenses, results of operations, liquidity, capital expenditures or capital resources.

 LIMITED OPERATING HISTORY; NEED FOR ADDITIONAL
CAPITAL

 There is no historical financial information about
us upon which to base an evaluation of our performance. We are in start-up stage operations and have not generated any revenues. We cannot
guarantee we will be successful in our business operations. Our business is subject to risks inherent in the establishment of a new business
enterprise, including limited capital resources and possible cost overruns due to price and cost increases in services and products.

 We have no assurance that future financing will
be available to us on acceptable terms. If financing is not available on satisfactory terms, we may be unable to continue, develop or
expand our operations. Equity financing could result in additional dilution to existing shareholders.

 Item 7A. Quantitative and Qualitative Disclosures
about Market Risk.

 Not applicable for smaller reporting companies.

 Item 8. Financial Statements and Supplementary
Data.

 INDEX TO FINANCIAL STATEMENTS

 Reports of Independent Registered Public Accounting Firms

 Balance Sheets – May 31, 2024 and 2023

 Statements of Operations – Year ended May 31, 2024 and May 19, 2023 (Inception) through May 31, 2023

 Statement of Stockholder's Equity (Deficit) – Year ended May 31, 2024 and May 19, 2023 (Inception) through May 31, 2023

 Statements of Cash Flows – Year ended May 31, 2024 and May 19, 2023 (Inception) through May 31, 2023

 Notes to Financial Statements

 Report of the Independent Registered Public
Accounting Firm

 To the Shareholders and the Board of Directors
of

 Londax Corp.

 Opinion on the Financial Statements

 We have audited the accompanying balance sheets
of Londax Corp as of May 31, 2024, and 2023, and the related statements of operations, changes in stockholders' equity, and cash flows
for each of the two years then ended May 31, 2024, and 2023, and the related notes (collectively referred to as the "financial statements").
In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of May 31,
2024, and 2023, and the results of its operations and its cash flows for each of the two years in the period ended May 31, 2024 and 2023,
in conformity with accounting principles generally accepted in the United States of America.

 Going Concern

 The accompanying financial statements have been
prepared assuming the Company will continue as a going concern as disclosed in Note 2 to the financial statement, the Company incurred
a net loss of $1,882 and an accumulated deficit of $2,081 as of May 31, 2024, the Company currently have limited revenue. The continuation
of the Company as a going concern through May 31, 2024, is dependent upon improving the profitability and the continuing financial support
from its stockholders and lenders. Management believes the existing shareholders or external fund providers will provide the additional
cash to meet the Company's obligations as they become due.

 These factors raise substantial doubt about the
Company ability to continue as a going concern. These financial statements do not include any adjustments that might result from the outcome
of the uncertainty.

 Basis for Opinion

 These financial statements are the responsibility
of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audit. We
are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are
required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and
regulations of the Securities and Exchange Commission and the PCAOB.

 We conducted our audit in accordance with the
standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged
to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding
of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company's
internal control over financial reporting. Accordingly, we express no such opinion.

 Our audit included performing procedures to assess
the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond
to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating
the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

 Critical Audit Matters

 Critical audit matters are matters arising from
the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and
that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging,
subjective, or complex judgments. Communication of critical audit matters does not alter in any way our opinion on the financial statements
taken as a whole and we are not, by communicating the critical audit matters, providing separate opinions on the critical audit matter
or on the accounts or disclosures to which they relate. As of May 31, 2024, there are no critical audit matters to communicate.

 /S/ Boladale Lawal

 Boladale Lawal & CO (PCAOB ID 6993)

 We have served as the Company's auditor since
2024

 Lagos, Nigeria

 August 19, 2024

 BALANCE SHEETS

 May 31, 2024

 From May 19, 2023 (Inception) to
 May 31, 2023

 ASSETS

 Cash

 $
 1,664

 $
 4,000

 Prepaid Expenses

 20,000

 –

 Software in Development

 33,000

 –

 Total Current Assets

 54,664

 4,000

 Fixed Assets, Net

 Website, Net

 2,587

 –

 Total Assets

 $
 57,625

 $
 4,561

 LIABILITIES & STOCKHOLDERS' EQUITY

 Notes Payable

 $
 14,512

 $
 –

 Related Party Loan

 4,260

 Total Current Liabilities

 18,772

 Common stock, $ 0.001 par value, 75,000,000 shares authorized; 5,231,135 and 4,000,000 shares issued and
 outstanding, respectively

 5,231

 4,000

 Additional paid-in capital

 35,703

 –

 Accumulated income (deficit)

 ( 2,081
)

 ( 199
)

 Total Stockholders' Equity

 38,853

 3,801

 Total Liabilities and Stockholders' Equity

 $
 57,625

 $
 4,561

 The accompanying notes are an integral part of
these audited financial statements.

 STATEMENTS OF OPERATIONS

 Year ended
 May 31,
 2024

 From May 19, 2023 (Inception) to May
 31, 2023

 REVENUES

 $
 25,297

 $
 –

 OPERATING EXPENSES

 Depreciation Expense

 1,100

 –

 General and Administrative Expenses

 4,271

 –

 Professional Fees

 21,808

 TOTAL OPERATING EXPENSES

 27,179

 NET INCOME (LOSS) FROM OPERATIONS

)

 ( 199
)

 PROVISION FOR INCOME TAXES

 –

 –

 NET (LOSS)

 $
)

 $
 ( 199
)

 NET INCOME (LOSS) PER SHARE: BASIC AND DILUTED

 $
 ( 0.00
)

 $
 ( 0.00
)

 WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED

 4,408,238

 4,000,000

 The accompanying notes are an integral part of
these audited financial statements.

 LONDAX CORP. CORP

 STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)

 Common Stock

 Additional Paid-

 Accumulated

 Total

 Stockholders' Equity

 Shares

 Amount

 in Capital

 Deficit

 (Deficit)

 Balance, May 31, 2023

 4,000,000

 $
 4,000

 $
 –

 $
 ( 199
)

 $
 3,801

 Common stock issued for cash

 1,231,135

 1,231

 35,703

 –

 36,934

 Net loss for the year ended May 31, 2024

 –

 –

 –

)

)

 Balance, May 31, 2024

 5,231,135

 $
 5,231

 $
 35,703

 $
 ( 2,081
)

 $
 38,853

 Inception, May 19, 2023

 –

 $
 –

 $
 –

 $
 –

 $
 –

 Shares issued for cash at par value $0.001 per share on May 31, 2023

 4,000,000

 4,000

 –

 –

 4,000

 Net loss for the period ended May 31, 2023

 –

 –

 –

 ( 199
)

 ( 199
)

 Balance, May 31, 2023

 4,000,000

 $
 4,000

 $
 –

 $
 ( 199
)

 $
 3,801

 The accompanying notes are an integral part of
these audited financial statements.

 STATEMENTS OF CASH FLOWS

 Year ended
 May 31, 2024

 From May 19, 2023 (Inception) to
 May 31, 2023

 CASH FLOWS FROM OPERATING ACTIVITIES

 Net income (loss)

 $
)

 $
 ( 199
)

 Adjustments to reconcile net income (loss) to net cash used in operating activities:

 Depreciation Expense

 1,100

 –

 Prepaid Expenses

 ( 20,000
)

 –

 Project-In-Progress

 ( 33,000
)

 –

 CASH FLOWS USED IN OPERATING ACTIVITIES

 ( 53,782
)

 ( 199
)

 CASH FLOWS FROM INVESTING ACTIVITIES

 Fixed Assets

 –

 ( 561
)

 Website

 ( 3,500
)

 –

 CASH FLOWS PROVIDED BY INVESTING ACTIVITIES

 ( 3,500
)

 ( 561
)

 CASH FLOWS FROM FINANCING ACTIVITIES

 Notes Payable

 14,512

 –

 Proceeds from the Issuance of Common Stock

 36,934

 4,000

 Related Party Loan

 3,500

 CASH FLOWS PROVIDED BY FINANCING ACTIVITIES

 54,946

 4,760

 Net increase in cash and cash equivalents

 ( 2,336
)

 4,000

 Cash and equivalents at beginning of the period

 4,000

 –

 Cash and equivalents at end of the period

 $
 1,664

 $
 4,000

 Supplemental cash flow information:

 Cash paid for:

 Interest

 $
 –

 $
 –

 Taxes

 $
 –

 $
 –

 The accompanying notes are an integral part of
these audited financial statements.

 LONDAXCORP.

 NOTES TO THE FINANCIAL STATEMENTS

 YEAR ENDED MAY 31, 2024

 NOTE 1 – ORGANIZATION AND BASIS OF PRESENTATION

 LONDAX Corp. (referred
as the "Company", "we", "our") was Incorporated in the State of Wyoming and established on May 19,
2023. We are a Software Development company that offers Consulting services.

 Our office is located
at Puces iela 47, Riga, Latvia LV-1082.

 NOTE 2 –
 GOING CONCERN

 The Company's financial statements have
been prepared assuming that it will continue as a going concern, which contemplates continuity of operations, realization of assets, and
liquidation of liabilities in the normal course of business.

 As reflected in the financial statements,
the Company had an accumulated loss of $ 2,081 as of May 31, 2024, a net loss of $ 1,882 for the year ended May 31, 2024. The Company
has Related Party Loan on a balance sheet of $ 4,260 and Notes Payable of $ 14,512 as of May 31, 2024. These factors raise substantial
doubt about the Company's ability to continue as a going concern.

 The Company is attempting
to commence operations and generate sufficient revenue; however, the Company's cash position may not be sufficient to support the
Company's daily operations. Management intends to raise additional funds by way of a private or public offering. While the Company
believes in the viability of its strategy to commence operations and generate sufficient revenue and in its ability to raise additional
funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company's
ability to further implement its business plan and generate sufficient revenue and its ability to raise additional funds by way of a public
or private offering.

 The financial statements do not include any adjustments
related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might
be necessary should the Company be unable to continue as a going concern.

 NOTE
3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 Basis of Presentation

 The accompanying financial
statements have been prepared in accordance with generally accepted accounting principles in the United States of America ("GAAP").

 The Company's year-end
is May 31.

 Development Stage Company

 The Company is a development stage company as
defined in ASC 915 "Development Stage Entities". The Company is devoting substantially all of its efforts on establishing
the business and its planned principal operations have not commenced. All losses accumulated since inception have been considered as part
of the Company's development stage activities.

 The Company has elected to adopt application of
Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements.
Upon adoption, the Company no longer presents or discloses inception-to-date information and other remaining disclosure requirements of
Topic 915.

 Use of Estimates

 The preparation of financial
statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect
the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date the financial statements
and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.

 Cash and Cash Equivalents

 The Company considers
all highly liquid investments with the original maturities of three months or less to be cash equivalents.

 The Company issued 4,000,000
common shares for consideration of $ 4,000 at par value $0.001 to director Olegs Pavlovs. The Company owes $ 4,260 in Related Party Loan
currently to director as per Incorporation expenses of May 31, 2024.

 Website
Development Costs

 The Company follows the
provisions of ASC 985, Software, which requires that all costs relating to the purchase or internal development and production of software
products to be sold, leased or otherwise marketed, be expensed in the period incurred unless the requirements for technological feasibility
have been established. The Company capitalizes all eligible software costs incurred once technological feasibility is established. The
Company amortizes these costs using the straight-line method over a period of three years, which is the remaining estimated economic life
of the costs.

 Fair Value of Financial
Instruments

 AS topic 820 "Fair
Value Measurements and Disclosures" establishes a three-tier fair value hierarchy, which prioritizes the inputs in measuring fair
value. The hierarchy prioritizes the inputs into three levels based on the extent to which inputs used in measuring fair value are observable
in the market.

 These tiers include:

 Level 1:

 defined as observable inputs such as quoted prices in active markets;

 Level 2:

 defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and

 Level 3:

 defined as unobservable
 inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

 The carrying value of
cash and the Company's loan from shareholder approximates its fair value due to their short-term maturity.

 Income Taxes

 Income taxes are computed
using the asset and liability method. Under the asset and liability method, deferred income tax assets and liabilities are determined
based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently
enacted tax rates and laws. A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence,
are not expected to be realized.

 Basic Income (Loss)
Per Share

 The Company computes
income (loss) per share in accordance with FASB ASC 260 "Earnings per Share". Basic loss per share is computed by dividing
net income (loss) available to common shareholders by the weighted average number of outstanding common shares during the period. Diluted
income (loss) per share gives effect to all dilutive potential common shares outstanding during the period. Dilutive loss per share excludes
all potential common shares if their effect is anti-dilutive.

 As of May 31, 2024 and
2023, there were no potentially dilutive debt or equity instruments issued or outstanding.

 Stock-Based Compensation

 Stock-based compensation
is accounted for at fair value in accordance with ASC Topic 718. To date, the Company has not adopted a stock option plan and has not
granted any stock options.

 Recent Accounting
Pronouncements

 Management does not believe that any recently
issued, but not yet effective accounting pronouncements, when adopted, will have a material effect on the accompanying financial statements.

 NOTE 4 – FIXED
ASSETS

 As of May
 31, 2024, our fixed assets comprised of $ 374 in equipment. Depreciation expense of equipment
was $ 187 as of May 31, 2024.

 NOTE
5 – INTANGIBLE ASSETS

 As of May 31,
2024, the total amount of website development costs was $ 3,500. Depreciation expense of website development costs was $ 913
as of May 31, 2024.

 NOTE 6 – SOFTWARE IN DEVELOPMENT

 Currently, the Company
has developed its Customer Relationship Management (CRM) platform and is currently testing it. The total cost of the CRM platform is $ 37,000.
We have launched the testing version of CRM for HR in December 2023. Currently, we are in negotiations with potential clients for the
use of our program, located at  As of May 31, 2024, we have prepaid $ 22,488 for the development of our platform.

 The Company believes
that the development of this CRM platform will be relevant for 3 years with its constant testing and improvement.

 NOTE 7 –
 LOAN FROM DIRECTOR

 As of May 31,
2024, the Company owed $ 4,260 to the Company's sole director for the Company's working capital purposes. The amount
is outstanding and payable upon request.

 NOTE 8 –
 COMMON STOCK

 The Company has 75,000,000,
$ 0.001 par value shares of common stock authorized.

 On May 31, 2023 the Company
issued 4,000,000 shares of common stock to a director for consideration of $ 4,000 at par value $0.001 per share.

 In January 2024 the Company
issued 705,203 shares of common stock for consideration of $ 21,156 at par value $0.03 per share.

 In February 2024 the
Company issued 420,200 shares of common stock for consideration of $ 12,606 at par value $0.03 per share.

 In March 2024 the Company
issued 105,732 shares of common stock for consideration of $3,172 at par value $0.03 per share.

 There were 5,231,135
and 4,000,000 shares of common stock issued and outstanding as of May 31, 2024 and 2023.

 NOTE 9 –
 COMMITMENTS AND CONTINGENCIES

 Our sole officer and
director have agreed to provide her own premise under office needs. He will not take any fee for these premises; it is for free use.

 NOTE 10 –
 SUBSEQUENT EVENTS

 In accordance with ASC
855-10 the Company has analyzed its operations subsequent to May 31, 2024 to the date these financial statements were issued, and has
determined that it does not have any material subsequent events to disclose in these financial statements.

 Item 9. Changes in and Disagreements with
Accountants on Accounting and Financial Disclosure

 In June 2024 the Company changed its independent
registered public accounting firm from BF Borgers CPA PC to Boladale Lawal & Co. There were
no disagreements between the parties.

 Item 9A. Controls and Procedures

 Evaluation of Disclosure
Controls and Procedures

 Our Principal Executive
Officer and Principal Financial Officer conducted an evaluation of the effectiveness of our disclosure controls and procedures as defined
in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934 (the "Exchange Act"). Based on this evaluation,
our Principal Executive Officer and Principal Financial Officer concluded that in light of the material weaknesses described below, our
disclosure controls and procedures were not effective as of May 31, 2024. See material weaknesses discussed below in Management's
Annual Report on Internal Control over Financial Reporting.

 Management's Report on Internal Control
over Financial Reporting

 Management is responsible
for establishing and maintaining adequate internal control over financial reporting (as defined in Exchange Act Rule 13a-15(f)). The Company's
internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted
in the United States of America. Because of its inherent limitations, internal control over financial reporting may not prevent or detect
misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Under the
supervision and with the participation of management, including the Chief Executive Officer and Chief Financial Officer, the Company conducted
an evaluation of the effectiveness of the Company's internal control over financial reporting as of May 31, 2024, using the criteria
established in "Internal Control - Integrated Framework" issued by the Committee of Sponsoring Organizations of the Treadway
Commission ("COSO - 2013").

 A material weakness is
a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility
that a material misstatement of the Company's annual or interim financial statements will not be prevented or detected on a timely
basis. In its assessment of the effectiveness of internal control over financial reporting as of May 31, 2024, the Company determined
that there were control deficiencies that constituted material weaknesses, as described below.

 1. We lack an
adequate internal control structure – Due to the size of the Company we do not have the appropriate control activities, risk assessment
procedures, controls over information and communication, or effective monitoring controls.

 2. We do not
have appropriate segregation of duties or adequate accounting resources – The Company has only one employee that does not have sufficient
accounting knowledge, experience, and understanding of US GAAP or SEC rules, therefore no expertise or reviews are in place to ensure
adequate financial reporting. Further, while not being legally obligated to have an audit committee, it is the management's view
that such a committee, including a financial expert member, is an utmost important entity level control over the Company's financial
statements. Currently the Board of Directors acts in the capacity of the Audit Committee, and does not include a member that is considered
to be independent of management to provide the necessary oversight over management's activities.

 3. We do not
have appropriate information technology controls – The Company retains copies of all financial data and material agreements; however,
there is no formal procedure or evidence of normal backup of the Company's data or off-site storage of data in the event of theft,
misplacement, or loss due to unmitigated factors. Further there are no IT controls in place to prevent changes to, or misstatement
in, financial reporting.

 Accordingly, the Company
concluded that these control deficiencies resulted in a reasonable possibility that a material misstatement of the annual or interim financial
statements will not be prevented or detected on a timely basis by the company's internal controls.

 As a result of the material
weaknesses described above, management has concluded that the Company did not maintain effective internal control over financial reporting
as of May 31, 2024 based on criteria established in Internal Control-Integrated Framework issued by COSO.

 Our management is responsible
for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-15(e) under the
Exchange Act) that is designed to ensure that information required to be disclosed by us in the reports that we file or submit under the
Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Commission's rules and forms.
Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to
be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer's
management, including its principal executive officer or officers and principal financial officer or officers, or persons performing similar
functions, as appropriate to allow timely decisions regarding required disclosure.

 Changes in Internal
Controls over Financial Reporting

 There has been no change
in our internal control over financial reporting occurred during the year ended May 31, 2024, that has materially affected, or is reasonably
likely to materially affect, our internal control over financial reporting.

 Item 9B. Other Information.

 During
the quarter ended May 31, 2023, no director or officer of the Company adopted or terminated a "Rule
10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408(a) of Regulation
S-K.

 Item 10. Directors, Executive Officers, and
Control Persons of the Company

 DIRECTORS, EXECUTIVE OFFICERS, AND CONTROL
PERSONS

 The names, ages and titles of our executive officers and directors
are as follows:

 Name and Address of Executive

 Officer and/or Director

 Age

 Positions

 Olegs Pavlovs

 Puces iela 47, Riga, Latvia LV-1082

 President, Secretary, Treasurer and Director

 Olegs Pavlovs has acted as our President, Secretary,
Treasurer and sole Director since our incorporation on May 19, 2023. Mr. Pavlovs owns 100% of the outstanding shares of our common stock.
As such, it was unilaterally decided that Mr. Pavlovs was going to be our sole President, Chief Executive Officer, Treasurer, and Chief
Financial Officer, Chief Accounting Officer, Secretary and sole member of our board of directors. Mr. Pavlovs has an MBA degree in The
RISEBA University of Applied Sciences. Since 1997 till 2020, he worked on the top management positions at SIA "Venden". Since
2011 to 2021, he worked as a CEO at "Scandinavian Innovation Group". We believe that Mr. Pavlovs's specific experience,
qualifications and skills will enable to develop our business.

 During the past ten years, our directors have
not been the subject to any of the following events:

 1. Any bankruptcy petition filed by or against
any business of which Mr. Pavlovs was a general partner or executive officer either at the time of the bankruptcy or within two years
prior to that time.

 2. Any conviction in a criminal proceeding or
being subject to a pending criminal proceeding.

 3. An order, judgment, or decree, not subsequently
reversed, suspended or vacated, or any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise
limiting Mr. Pavlovs involvement in any type of business, securities or banking activities.

 4. Found by a court of competent jurisdiction
(in a civil action), the Securities and Exchange Commission or the Commodity Future Trading Commission to have violated a federal or state
securities or commodities law, and the judgment has not been reversed, suspended or vacated.

 5. Was the subject of any order, judgment or decree,
not subsequently reversed, suspended or vacated, of any Federal or State authority barring, suspending or otherwise limiting for more
than 60 days the right to engage in any activity described in paragraph (f)(3)(i) of this section, or to be associated with persons engaged
in any such activity;

 6. Were found by a court of competent jurisdiction
in a civil action or by the Commission to have violated any Federal or State securities law, and the judgment in such civil action or
finding by the Commission has not been subsequently reversed, suspended, or vacated;

 7. Were the subject of, or a party to, any Federal
or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to
an alleged violation of:

 i. Any Federal or State securities or
commodities law or regulation; or

ii. Any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent
injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or
prohibition order; or

 iii. Any law or regulation prohibiting
mail or wire fraud or fraud in connection with any business entity; or

 8. Were the subject of, or a party to, any sanction
or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the
Exchange Act (15 U.S.C. 78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29))),
or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated
with a member.

 DIRECTOR INDEPENDENCE

 The Board of Directors has determined that there
are no "independent" directors as such term is defined in Section 5605(a)(2) of the Nasdaq listing rules, and meets the criteria
for independence set forth in Rule 10A-3(b)(1) under the Securities Exchange Act of 1934. The preceding disclosure respecting director
independence is required under applicable SEC rules. The Board of Directors has determined that at least one member of the board, Olegs
Pavlovs, is an "audit committee financial expert" as that term is defined in Regulation S-K promulgated under the Securities
Exchange Act of 1934. Olegs Pavlovs is not an "independent" member of the board as described above. The Board of Directors
has determined that director is able to read and understand fundamental financial statements.

 AUDIT COMMITTEE, COMPENSATION COMMITTEE, AND
FINANCIAL EXPERT

 We do not have an Audit Committee or Compensation
Committee. Additionally, we have no persons currently receiving any compensation due to our start-up nature. Our president performs some
of the same functions of an Audit Committee and Compensation Committee, such as: recommending a firm of independent certified public accountants
to audit the annual financial statements; reviewing the independent auditor's independence, the financial statements, and their
audit report; reviewing management's administration of the system of internal accounting controls, and determining all compensation
amounts. The Company does not currently have a written audit committee charter or a compensation committee charter or any similar documents.

 We have no financial expert. We believe the cost
related to retaining a financial expert at this time is prohibitive. Further, because of our start-up operations, we believe the services
of a financial expert are not warranted.

 INVOLVEMENT IN CERTAIN LEGAL PROCEEDINGS

 No director, executive officer, significant employee
or control person of the Company has been involved in any legal proceeding listed in Item 401(f) of Regulation S-K in the past 10 years.

 Item 11. Executive Compensation

 EXECUTIVE COMPENSATION SUMMARY COMPENSATION
TABLE

 The following tables set forth certain information about compensation
paid, earned or accrued for services by our sole officer and director for the fiscal year May 31, 2024 and for the period from inception
(May 19, 2023) to year ended May 31, 2023:

 Name and
 Principal
 Position

 Period

 Salary
 ($)

 Bonus
 ($)

 Stock
 Awards
 ($)*

 Option
 Awards
 ($)*

 Non-Equity
 Incentive Plan
 Compensation
 ($)

 Nonqualified
 Deferred
 Compensation
 ($)

 All Other
 Compensation
 ($)

 Total
 ($)

 Olegs Pavlovs,
President, Director, Treasurer and Secretary

 2024

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 2023

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 -0-

 Our officers and directors receive no compensation for his services
at this time.

 EMPLOYMENT AGREEMENTS

 There are no current employment agreements between
the company and its officers.

 Item 12. Security Ownership of Certain Beneficial
Owners and Management and Related Stockholder Matters

 The following table sets forth certain information
relating to the beneficial ownership of our common stock as of May 31, 2024, by:

 each person, or group of affiliated persons, known by us to beneficially own more than five percent of the outstanding shares of our
common stock;

 each of our directors;

 each of our named executive officers; and

 all directors and executive officers as a group.

 Title of class

 Name and Address of

 Beneficial Owner

 Amount and Nature of Beneficial Ownership

 Percent of

 Common Stock

 Common Stock

 Olegs Pavlovs

 Puces iela 47, Riga, Latvia LV-1082

 4,000,000 shares of

 common stock

 76%

 Beneficial ownership is determined in accordance
with the rules of the SEC which generally attribute beneficial ownership of securities to persons who possess sole or shared voting power
and/or investment power with respect to those securities. Unless otherwise indicated, voting and investment power are exercised solely
by the person named above or shared with members of such person's household. This includes any shares such person has the right
to acquire within 60 days.

 Percent of class is calculated on the basis of
the number of fully diluted shares outstanding on May 31, 2024 (5,231,135).

 Item 13. Certain Relationships and Related
Transactions

 On May 31, 2023, we issued a total of 4,000,000
shares of restricted common stock to Olegs Pavlovs, our sole officer and director in consideration of $4,000.

 Further, Mr. Pavlovs has advanced funds to us.
As of May 31, 2024, Mr. Pavlovs advanced us $4,260. Mr. Pavlovs will not be repaid from the proceeds of this offering. Company agrees
to repay this loan upon request, from revenues of operations if and when we generate sufficient revenues to pay the obligation.

 Item 14. Principal Accountant Fees and Services

 During fiscal year ended May 31, 2024, we incurred
approximately $13,425 in fees to our former principal independent accountants BF Borgers CPA PC for professional services rendered in
connection with annual audit and quarterly reviews.

 Item 15. Exhibits

 Exhibit No.

 Description

 31.1

 Certification of Chief Executive Officer and Chief Financial Officer pursuant to Securities Exchange Act of 1934 Rule 13a-14(a) or 15d-14(a).

 32.1

 Certifications pursuant to Securities Exchange Act of 1934 Rule 13a-14(b) or 15d-14(b) and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes- Oxley Act of 2002.

 101.INS

 101.SCH

 101.CAL

 101.DEF

 101.LAB

 101.PRE

exhibit 101)

 SIGNATURES

 In accordance with the requirements of the Securities
Act of 1934, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 Date: August 19, 2024

 By:

 /s/

 Olegs Pavlovs

 Name:

 Olegs Pavlovs

 Title:

 President, Treasurer and Secretary

 ( Principal Executive, Financial and Accounting
 Officer)