<SEC-DOCUMENT>0001213900-24-007418.txt : 20240129
<SEC-HEADER>0001213900-24-007418.hdr.sgml : 20240129
<ACCEPTANCE-DATETIME>20240129163204
ACCESSION NUMBER:		0001213900-24-007418
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240129
DATE AS OF CHANGE:		20240129
GROUP MEMBERS:		CP ACQUISITIONS, LLC
GROUP MEMBERS:		M CANNAN CAPITAL, LLC
GROUP MEMBERS:		M OLIVET CAPITAL, LLC
GROUP MEMBERS:		M ZION CAPITAL, LLC

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Agrify Corp
		CENTRAL INDEX KEY:			0001800637
		STANDARD INDUSTRIAL CLASSIFICATION:	AGRICULTURE SERVICES [0700]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		IRS NUMBER:				300943453
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-93214
		FILM NUMBER:		24574147

	BUSINESS ADDRESS:	
		STREET 1:		2468 INDUSTRIAL ROW DRIVE
		CITY:			TROY
		STATE:			MI
		ZIP:			48084
		BUSINESS PHONE:		855-420-0020

	MAIL ADDRESS:	
		STREET 1:		2468 INDUSTRIAL ROW DRIVE
		CITY:			TROY
		STATE:			MI
		ZIP:			48084

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Chan I-Tseng Jenny
		CENTRAL INDEX KEY:			0002009461
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SC 13D

	MAIL ADDRESS:	
		STREET 1:		76 TREBLE COVE RD.
		STREET 2:		BUILDING 3
		CITY:			BILLERICA
		STATE:			MA
		ZIP:			01862
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>ea192367-13dchan_agrify.htm
<DESCRIPTION>SCHEDULE 13D
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SCHEDULE 13D</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Under the Securities Exchange Act of 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Agrify Corporation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Name of Issuer)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Common Stock, $0.001 par value </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Title of Class of Securities)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>00853E 305</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">(CUSIP Number)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Raymond Chang</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>c/o Agrify Corporation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>2468 Industrial Drive</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Troy, MI 48084</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>(617) 896-5243</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Name, Address and Telephone
Number of Person Authorized to Receive Notices and Communications)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>January 25, 2024</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Date of Event Which Requires Filing of this Statement)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of &sect;&sect; 240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box <FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744;</FONT></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="font-size: 10pt; width: 0.25in">*</TD>
    <TD STYLE="text-align: justify; font-size: 10pt">The remainder of this cover page shall be filled out for a reporting person&rsquo;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The information required in the remainder of this cover page shall
not be deemed to be &ldquo;filed&rdquo; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&ldquo;<I>Act</I>&rdquo;)
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see
the Notes).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>CUSIP No. 00853E 305</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>1.</B></TD>
    <TD COLSPAN="2" STYLE="border-top: black 1.5pt solid; border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Names of Reporting Persons<BR>
</B> I-Tseng Jenny Chan <BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-left: black 1.5pt solid; padding: 2pt 5.75pt; border-right: black 1.5pt solid; font-size: 10pt"><B>2.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; font-size: 10pt"><B>Check the Appropriate Box if a Member of a Group (See Instructions)</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-left: black 1.5pt solid; padding: 2pt 5.75pt; border-right: black 1.5pt solid; font-size: 10pt; width: 7%">&nbsp;</TD>
    <TD STYLE="padding: 2pt 5.25pt; font-size: 10pt; width: 83%"><B>(a)</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; font-size: 10pt; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.25pt; font-size: 10pt"><B>(b)<BR>
&nbsp;</B></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; border-right: black 1.5pt solid">&#9746; &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1.5pt solid; border-left: Black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>3.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: Black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>SEC Use Only</B> </TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; border-right: black 1.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>4.</B></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; border-right: black 1.5pt solid"><B>Source of Funds<BR>
</B> PF (<I>See</I> Item 3)<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>5. </B></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; border-right: black 1.5pt solid"><B>Check
box if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) b </B>&#9744;<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-left: black 1.5pt solid; padding: 2pt 5.75pt; border-right: black 1.5pt solid; font-size: 10pt"><B>6.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Citizenship or Place of Organization<BR> </B>United States of America<BR>
 &nbsp;</TD></TR>
  </TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="4" STYLE="text-align: center; border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.25pt 2pt 5.75pt; width: 15%"><B>Number of </B> <BR>
<B>Shares </B> <BR>
<B>Beneficially </B> <BR>
<B>Owned by </B> <BR>
<B>Each </B> <BR>
<B>Reporting </B> <BR>
<B>Person With:</B></TD>
    <TD STYLE="vertical-align: top; border: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt; width: 7%"><B>7. </B></TD>
    <TD STYLE="vertical-align: top; border-top: black 1.5pt solid; border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; width: 78%"><B>Sole Voting Power<BR>
 </B> 0<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>8. </B></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; border-right: black 1.5pt solid"><B>Shared Voting Power<BR>
</B> 11,609,789<FONT STYLE="font-size: 10pt"><SUP>(1)</SUP></FONT><BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>9. </B></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; border-right: black 1.5pt solid"><B>Sole Dispositive Power<BR>
 </B> 0<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>10. </B></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; border-right: black 1.5pt solid"><B>Shared Dispositive Power <BR>
</B> 11,609,789<FONT STYLE="font-size: 10pt"><SUP>(1)</SUP><BR>
&nbsp;</FONT> </TD></TR>
  </TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt; width: 7%"><B>11.</B></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; border-right: black 1.5pt solid; width: 93%"><B>Aggregate Amount Beneficially Owned by Each Reporting Person<BR>
</B> 11,609,789<FONT STYLE="font-size: 10pt"><SUP>(1)</SUP></FONT> <BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>12.</B></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; border-right: black 1.5pt solid"><B>Check if the Aggregate
Amount in Row (11) Excludes Certain Shares (See Instructions) </B>&#9744;<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>13.</B></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; border-right: black 1.5pt solid"><B>Percent of Class
Represented by Amount in Row (11)<BR>
</B> 49.99%<FONT STYLE="font-size: 10pt"><SUP>(2)</SUP></FONT><BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>14.</B></TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; border-right: black 1.5pt solid"><B>Type of Reporting Person (See Instructions)<BR>
 </B> IN<BR>
&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(1)</TD><TD STYLE="text-align: justify">Consists of (i) 445,272 shares of Common Stock held by M Zion Capital, LLC (&ldquo;M Zion Capital&rdquo;),
an entity controlled by Ms. Chan, (ii) 445,272 shares of Common Stock held by M Olivet Capital, LLC (&ldquo;M Olivet Capital&rdquo;),
an entity controlled by Ms. Chan, (iii) 445,272 shares of Common Stock held by M Cannan Capital, LLC (&ldquo;M Cannan Capital&rdquo;),
an entity controlled by Ms. Chan and (iv) that number of shares of Common Stock issuable to CP Acquisitions, LLC (&ldquo;CP Acquisitions&rdquo;),
an entity controlled by Ms. Chan, issuable to Ms. Chan upon the conversion of that certain Senior Secured Amended, Restated and Consolidated
Convertible Note due 2025 described herein with an outstanding principal amount of $15,000,000.00 and a conversion price of $1.46 per
share (as may be adjusted per the Senior Secured Amended, Restated and Consolidated Convertible Note due 2025 from time to time), which
conversion is subject to a 49.99% beneficial ownership limitation; provided that CP Acquisitions may assign its right to receive shares
of common stock upon conversion to Mr. Raymond Chang, a member of the Board of Directors and the CEO of the Issuer, and/or Ms. Chan, in
which case the 49.99% beneficial ownership limitation will apply to each of them individually.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Ms. Chan disclaims beneficial ownership
with respect to the shares held by M Zion Capital, the shares held by M Olivet Capital, the shares held by M Cannan Capital and the shares
entitled to CP Acquisitions upon conversion of its convertible note, in each case except to the extent of her pecuniary interest therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 0.25in">(2)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Based on 6,846,419 shares of Common Stock outstanding as of the date hereof, plus the shares of Common Stock issuable upon conversion of the convertible note in footnote (1), subject to applicable beneficial ownership limitations.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>CUSIP No. 00853E 305</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>1.</B></TD>
    <TD COLSPAN="2" STYLE="border-top: black 1.5pt solid; border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Names
    of Reporting Persons<BR>
    </B>M Zion Capital, LLC<BR>
 <B>&nbsp;</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>2.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; font-size: 10pt"><B>Check the Appropriate Box if a Member of a Group (See Instructions)</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt; width: 7%">&nbsp;</TD>
    <TD STYLE="padding: 2pt 5.25pt; font-size: 10pt; width: 83%"><B>(a)</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; font-size: 10pt; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.25pt; font-size: 10pt"><B>(b)<BR>
&nbsp;</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt">&#9746; &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1.5pt solid; border-left: Black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>3.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: Black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>SEC Use Only</B> </TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>4.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Source of Funds<BR>
</B> OO (<I>See</I> Item 3)<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>5. </B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Check
box if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) b </B>&#9744;<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>6.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Citizenship or Place of Organization<BR> </B>United States of America<BR>
 &nbsp;</TD></TR>
  </TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="4" STYLE="border-top: black 1.5pt solid; text-align: center; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.25pt 2pt 5.75pt; width: 15%"><B>Number of </B> <BR>
<B>Shares </B> <BR>
<B>Beneficially </B> <BR>
<B>Owned by </B> <BR>
<B>Each </B> <BR>
<B>Reporting </B> <BR>
<B>Person With:</B></TD>
    <TD STYLE="border: black 1.5pt solid; vertical-align: top; padding: 2pt 5.75pt; font-size: 10pt; width: 7%"><B>7. </B></TD>
    <TD STYLE="border-top: black 1.5pt solid; vertical-align: top; border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; width: 78%"><B>Sole Voting Power<BR>
 </B> 0<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>8. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Shared Voting Power<BR>
    </B>445,272<SUP>(1)</SUP><B><BR>
&nbsp;</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>9. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Sole Dispositive Power<BR>
 </B> 0<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>10. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Shared Dispositive Power <BR>
</B> 445,272<SUP>(1)</SUP> <BR>
&nbsp;</TD></TR>
  </TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt; width: 7%"><B>11.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; width: 93%"><B>Aggregate
    Amount Beneficially Owned by Each Reporting Person<BR>
    </B>445,272<SUP>(1)</SUP><BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>12.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Check if the Aggregate
Amount in Row (11) Excludes Certain Shares (See Instructions) </B>&#9744;<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>13.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Percent of Class
    Represented by Amount in Row (11)<BR>
    </B>6.5%<SUP>(2)</SUP><BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>14.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Type of Reporting
    Person (See Instructions)<BR>
    </B>OO<BR>
&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 0.25in">(1)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Consists of 445,272 shares of Common Stock held by M Zion Capital.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 0.25in">(2)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Based on 6,846,419 shares of Common Stock outstanding as of the date hereof.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>CUSIP No. 00853E 305</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>1.</B></TD>
    <TD COLSPAN="2" STYLE="border-top: black 1.5pt solid; border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Names
    of Reporting Persons<BR>
    </B>M Olivet Capital, LLC<BR>
 <B>&nbsp;</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>2.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; font-size: 10pt"><B>Check the Appropriate Box if a Member of a Group (See Instructions)</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt; width: 7%">&nbsp;</TD>
    <TD STYLE="padding: 2pt 5.25pt; font-size: 10pt; width: 83%"><B>(a)</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; font-size: 10pt; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.25pt; font-size: 10pt"><B>(b)<BR>
&nbsp;</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt">&#9746; &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1.5pt solid; border-left: Black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>3.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: Black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>SEC Use Only</B> </TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>4.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Source of Funds<BR>
</B> WC (<I>See</I> Item 3)<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>5. </B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Check
box if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) b </B>&#9744;<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>6.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Citizenship or Place of Organization<BR> </B>United States of America<BR>
 &nbsp;</TD></TR>
  </TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="4" STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.25pt 2pt 5.75pt; text-align: center; width: 15%"><B>Number of </B> <BR>
<B>Shares </B> <BR>
<B>Beneficially </B> <BR>
<B>Owned by </B> <BR>
<B>Each </B> <BR>
<B>Reporting </B> <BR>
<B>Person With:</B></TD>
    <TD STYLE="border: black 1.5pt solid; padding: 2pt 5.75pt; vertical-align: top; font-size: 10pt; width: 7%"><B>7. </B></TD>
    <TD STYLE="border-top: black 1.5pt solid; border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; vertical-align: top; width: 78%"><B>Sole Voting Power<BR>
 </B> 0<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>8. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Shared Voting Power<BR>
    </B>445,272<SUP>(1)</SUP><B><BR>
&nbsp;</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>9. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Sole Dispositive Power<BR>
 </B> 0<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>10. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Shared Dispositive Power <BR>
</B> 445,272<SUP>(1)</SUP> <BR>
&nbsp;</TD></TR>
  </TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt; width: 7%"><B>11.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; width: 93%"><B>Aggregate
    Amount Beneficially Owned by Each Reporting Person<BR>
    </B>445,272<SUP>(1)</SUP><BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>12.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Check if the Aggregate
Amount in Row (11) Excludes Certain Shares (See Instructions) </B>&#9744;<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>13.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Percent of Class
    Represented by Amount in Row (11)<BR>
    </B>6.5%<SUP>(2)</SUP><BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>14.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Type of Reporting
    Person (See Instructions)<BR>
    </B>PN<BR>
&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 0.25in">(1)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Consists of 445,272 shares of Common Stock held by M Olivet Capital.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 0.25in">(2)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Based on 6,846,419 shares of Common Stock outstanding as of the date hereof.</TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B></B></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>CUSIP No. 00853E 305</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>1.</B></TD>
    <TD COLSPAN="2" STYLE="border-top: black 1.5pt solid; border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Names
    of Reporting Persons<BR>
    </B>M Cannan Capital, LLC<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>2.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; font-size: 10pt"><B>Check the Appropriate Box if a Member of a Group (See Instructions)</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt; width: 7%">&nbsp;</TD>
    <TD STYLE="padding: 2pt 5.25pt; font-size: 10pt; width: 83%"><B>(a)</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; font-size: 10pt; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.25pt; font-size: 10pt"><B>(b)<BR>
&nbsp;</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt">&#9746; &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1.5pt solid; border-left: Black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>3.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: Black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>SEC Use Only</B> </TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>4.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Source of Funds<BR>
</B> WC (<I>See</I> Item 3)<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>5. </B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Check
box if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) b </B>&#9744;<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>6.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Citizenship or Place of Organization<BR> </B>United States of America<BR>
 &nbsp;</TD></TR>
  </TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="4" STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.25pt 2pt 5.75pt; text-align: center; width: 15%"><B>Number of </B> <BR>
<B>Shares </B> <BR>
<B>Beneficially </B> <BR>
<B>Owned by </B> <BR>
<B>Each </B> <BR>
<B>Reporting </B> <BR>
<B>Person With:</B></TD>
    <TD STYLE="border: black 1.5pt solid; padding: 2pt 5.75pt; vertical-align: top; font-size: 10pt; width: 7%"><B>7. </B></TD>
    <TD STYLE="border-top: black 1.5pt solid; border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; vertical-align: top; width: 78%"><B>Sole Voting Power<BR>
 </B> 0<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>8. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Shared Voting Power<BR>
    </B>445,272<SUP>(1)</SUP><BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>9. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Sole Dispositive Power<BR>
 </B> 0<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>10. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Shared Dispositive
    Power <BR>
    </B> 445,272<SUP>(1)</SUP><BR>
&nbsp;</TD></TR>
  </TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt; width: 7%"><B>11.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; width: 93%"><B>Aggregate
    Amount Beneficially Owned by Each Reporting Person<BR>
    </B>445,272 <SUP>(1)</SUP><BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>12.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Check if the Aggregate
Amount in Row (11) Excludes Certain Shares (See Instructions) </B>&#9744;<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>13.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Percent of Class
    Represented by Amount in Row (11)<BR>
    </B>6.5%<SUP>(2)<BR>
&nbsp;</SUP></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>14.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Type of Reporting
    Person (See Instructions)<BR>
    </B>PN<BR>
&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 0.25in">(1)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Consists of 445,272 shares of Common Stock held by M Cannan Capital.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 0.25in">(2)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Based on 6,846,419 shares of Common Stock outstanding as of the date hereof.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><B>CUSIP No. 00853E 305</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>1.</B></TD>
    <TD COLSPAN="2" STYLE="border-top: black 1.5pt solid; border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Names
    of Reporting Persons<BR>
    </B>CP Acquisitions, LLC <B><BR>
&nbsp;</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>2.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; font-size: 10pt"><B>Check the Appropriate Box if a Member of a Group (See Instructions)</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt; width: 7%">&nbsp;</TD>
    <TD STYLE="padding: 2pt 5.25pt; font-size: 10pt; width: 83%"><B>(a)</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; font-size: 10pt; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9744;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; padding: 2pt 5.25pt; font-size: 10pt"><B>(b)</B><BR>
&nbsp;</TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt">&#9746; &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1.5pt solid; border-left: Black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>3.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: Black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>SEC Use Only</B> </TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>4.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Source of Funds<BR>
</B> WC (<I>See</I> Item 3)<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>5. </B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Check
box if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e) b </B>&#9744; <BR> &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>6.</B></TD>
    <TD COLSPAN="2" STYLE="border-right: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Citizenship or Place of Organization<BR> </B>United States of America<BR>
 &nbsp;</TD></TR>
  </TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="4" STYLE="border-top: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.25pt 2pt 5.75pt; text-align: center; width: 15%"><B>Number of </B> <BR>
<B>Shares </B> <BR>
<B>Beneficially </B> <BR>
<B>Owned by </B> <BR>
<B>Each </B> <BR>
<B>Reporting </B> <BR>
<B>Person With:</B></TD>
    <TD STYLE="border: black 1.5pt solid; padding: 2pt 5.75pt; vertical-align: top; font-size: 10pt; width: 7%"><B>7. </B></TD>
    <TD STYLE="border-top: black 1.5pt solid; border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; vertical-align: top; width: 78%"><B>Sole Voting Power<BR>
 </B> 0<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>8. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Shared Voting Power<BR>
    </B>10,273,973<SUP>(1)</SUP><B><BR>
&nbsp;</B></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>9. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Sole Dispositive Power<BR>
 </B> 0<BR>
 &nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>10. </B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Shared Dispositive
    Power <BR>
    </B> 10,273,973<SUP>(1)</SUP><BR>
&nbsp;</TD></TR>
  </TABLE>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt; width: 7%"><B>11.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt; width: 93%"><B>Aggregate
    Amount Beneficially Owned by Each Reporting Person<BR>
    </B>10,273,973<SUP>(1)</SUP><BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>12.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Check if the Aggregate
Amount in Row (11) Excludes Certain Shares (See Instructions) </B>&#9744;<BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>13.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Percent of Class
    Represented by Amount in Row (11)<BR>
    </B>49.99%<SUP>(2)</SUP><BR>
&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; border-left: black 1.5pt solid; padding: 2pt 5.75pt; font-size: 10pt"><B>14.</B></TD>
    <TD STYLE="border-right: black 1.5pt solid; border-bottom: black 1.5pt solid; padding: 2pt 5.75pt 2pt 5.25pt"><B>Type of Reporting
    Person (See Instructions)<BR>
    </B>PN<BR>
&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 0.25in">(1)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">&nbsp;Includes that number of shares of Common Stock issuable to CP Acquisitions, an entity controlled by Ms. Chan, issuable to Ms. Chan upon the conversion of that certain Senior Secured Amended, Restated and Consolidated Convertible Note due 2025 described herein with an outstanding principal amount of $15,000,000.00 and a conversion price of $1.46 per share (as may be adjusted per the Senior Secured Amended, Restated and Consolidated Convertible Note due 2025 from time to time), which conversion is subject to a 49.99% beneficial ownership limitation; <I>provided that </I>CP Acquisitions may assign its right to receive shares of common stock upon conversion to Mr. Raymond Chang, a member of the Board of Directors and the CEO of the Issuer, and/or Ms. Chan, in which case the 49.99% beneficial ownership limitation will apply to each of them individually.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0%"></TD>
    <TD STYLE="font-size: 10pt; text-align: justify; width: 0.25in">(2)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Based on 6,846,419 shares of Common Stock outstanding as of the date hereof, plus the shares of Common Stock issuable upon conversion of the convertible note in footnote (1) above, subject to applicable beneficial ownership limitations.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SCHEDULE 13D &ndash; EXPLANATORY NOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Item 1. Security and Issuer.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">This Statement of Beneficial Ownership
on Schedule 13D (the &ldquo;<I>Schedule 13D</I>&rdquo;) relates to the shares of common stock, $0.001 par value per share (the &ldquo;<I>Common
Stock</I>&rdquo;) of Agrify Corporation, a Nevada corporation (the &ldquo;<I>Issuer</I>&rdquo;). The Issuer maintains its principal executive
office at 2468 Industrial Drive Troy, MI 48084.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 2. Identity and Background.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">This statement is filed by I-Tseng Jenny
Chan (&ldquo;<I>Ms. Chan</I>&rdquo;), M Zion Capital, LLC (&ldquo;<I>M Zion Capital</I>&rdquo;), M Olivet Capital, LLC (&ldquo;<I>M Olivet
Capital</I>&rdquo;), and M Cannan Capital, LLC (&ldquo;<I>M Cannan Capital</I>&rdquo;) (each, a &ldquo;<I>Reporting Person</I>&rdquo;
and together, the &ldquo;<I>Reporting Persons</I>&rdquo;) with respect to shares of Common Stock that they may be deemed to have beneficial
ownership.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Ms. Chan&rsquo;s principal occupation
is serving as a luxury brand professional. The principal occupation of M Zion Capital, M Olivet Capital and M Cannan Capital is asset
management.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Ms. Chan is a citizen of the United
States of America, and her principal business address is c/o Agrify Corporation, 2468 Industrial Row Drive, Troy, Michigan 48084. M Zion
Capital is organized under the laws of the Delaware, and has a principal business address of 27 Devon Rd,&nbsp;Brookline, MA 02467. M
Olivet Capital is organized under the laws of the Delaware, and has a principal business address of 27 Devon Rd,&nbsp;Brookline, MA 02467.
M Cannan Capital is organized under the laws of the Delaware, and has a principal business address of 27 Devon Rd,&nbsp;Brookline, MA
02467.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">During the last five years, the Reporting
Persons have not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). During the last five
years, the Reporting Persons have not been a party to any other civil proceeding of a judicial or administrative body of competent jurisdiction
and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 3. Source and Amount of Funds or Other Consideration.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">On January 25, 2024, CP Acquisitions
and the Issuer consolidated the outstanding principal and interest due under the outstanding secured notes previously issued by the Issuer
and held by CP Acquisitions into a certain single convertible note, titled &ldquo;Senior Secured Amended, Restated and Consolidated Convertible
Note due 2025&rdquo; (the &ldquo;<I>Restated Note</I>&rdquo;), with an outstanding principal amount of approximately $18,900,583.71 at
the time of issuance of the Restated Note. The Restated Note is convertible at a current conversion price of $1.46 per share, as may be
adjusted per the Note from time to time, subject to a 49.99% beneficial ownership limitation; <I>provided that</I> CP Acquisitions may
assign its right to receive shares of common stock upon conversion to Mr. Raymond Chang, a member of the Board of Directors and the CEO
of the Issuer, and/or Ms. I-Tseng Jenny Chan, in which case the 49.99% beneficial ownership limitation will apply to each of them individually.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Immediately following the execution
of the Restated Note, CP Acquisitions elected to convert approximately $3,900,583.71 of outstanding principal and accrued but unpaid interest
into an aggregate of 2,671,633 shares of common stock, and assigned its rights to receive 1,335,817 of such shares to RTC3 2020 Irrevocable
Family Trust, of which Mr. Raymond Chang retains the authority to remove the independent trustee, and the remainder of such shares to
those certain entities controlled by Ms. Chan as follows: 445,272 shares to M Zion Capital, 445,272 shares to M Olivet Capital and 445,272
shares to M Cannan Capital. Following the conversion, there was $15,000,000.00 in principal amount outstanding under the Restated Note.
CP Acquisitions does not presently intend to convert some or all of the outstanding principal amount and accrued but unpaid interest under
the Restated Note, and may seek to exercise certain rights as a senior secured debtholder of the Issuer in the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">No part of the purchase price of the
securities was represented by funds or other consideration borrowed or otherwise obtained for the purpose of acquiring, holding, trading,
or voting the securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 7; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 4. Purpose of the Transaction.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Reporting Persons acquired the securities
reported herein for investment purposes. Ms. Chan was elected to the Issuer&rsquo;s Board of Directors at the Issuer&rsquo;s Annual Meeting
of Stockholders held on January 8, 2024. Depending on market conditions, their continuing evaluation of the business and prospects of
the Issuer and other factors, each Reporting Person may dispose of or acquire additional shares of the Issuer. Except as set forth above,
no Reporting Person has any present plans which relate to or would result in:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0.15in 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="width: 0.5in; font-size: 10pt; text-align: justify">(a)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer, except that the Reporting Person may receive additional equity grants in the future as a director of the Issuer;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="width: 0.5in; font-size: 10pt; text-align: justify">(b)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="width: 0.5in; font-size: 10pt; text-align: justify">(c)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="width: 0.5in; font-size: 10pt; text-align: justify">(d)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="width: 0.5in; font-size: 10pt; text-align: justify">(e)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Any material change in the present capitalization or dividend policy of the Issuer;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="width: 0.5in; font-size: 10pt; text-align: justify">(f)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Any other material change in the Issuer&rsquo;s business or corporate structure;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="width: 0.5in; font-size: 10pt; text-align: justify">(g)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Changes in the Issuer&rsquo;s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="width: 0.5in; font-size: 10pt; text-align: justify">(h)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
    <TD STYLE="width: 0.5in; font-size: 10pt; text-align: justify">(i)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; text-indent: -0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48px">&nbsp;</TD>
    <TD STYLE="width: 48px; font-size: 10pt; text-align: justify">(j)</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">Any action similar to any of those enumerated above.</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 5. Interest in Securities of the Issuer.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 48px"></TD><TD STYLE="width: 48px; text-align: left">(a)</TD><TD STYLE="text-align: justify">Each Reporting Person is the record owner of the securities
set forth on their respective cover sheet. The percentage of outstanding Common Stock which may be deemed to be beneficially owned by
each Reporting Person is set forth on Line 13 of each Reporting Person&rsquo;s cover sheet. Such percentage was calculated based on the
6,846,419 shares of Common Stock outstanding as of the date hereof. Notwithstanding the foregoing, Ms. Chan hereby disclaims beneficial
ownership with respect to the securities held by M Zion Capital, M Olivet Capital and M Cannan Capital, except to the extent of her pecuniary
interest therein.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 48px"></TD><TD STYLE="width: 48px; text-align: left">(b)</TD><TD STYLE="text-align: justify">Regarding the number of shares as to which each Reporting
Person has:</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(i)</TD><TD STYLE="text-align: justify">sole power to vote or to direct the vote: See line 7 of each
cover sheet.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(ii)</TD><TD STYLE="text-align: justify">shared power to vote or to direct the vote: See line 8 of
each cover sheet.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(iii)</TD><TD STYLE="text-align: justify">sole power to dispose or to direct the disposition: See line
9 of each cover sheet.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.5in; text-align: left">(iv)</TD><TD STYLE="text-align: justify">shared power to dispose or to direct the disposition: See
line 10 of each cover sheet.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 48px"></TD><TD STYLE="width: 48px; text-align: left">(c)</TD><TD STYLE="text-align: justify">Except as set forth in Item 3 above, none of the Reporting
Persons has effected any transaction in the Common Stock during the last 60 days.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 48px"></TD><TD STYLE="width: 48px; text-align: left">(d)</TD><TD STYLE="text-align: justify">No other person is known to have the right to receive or
the power to direct the receipt of dividends from, or any proceeds from the sale of, securities beneficially owned by the Reporting Persons.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 48px"></TD><TD STYLE="width: 48px; text-align: left">(e)</TD><TD STYLE="text-align: justify">Not applicable.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 6.</B>&nbsp;<B>Contracts, Arrangements, Understandings or Relationships
with Respect to Securities of the Issuer.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The information set forth in Items 3,
4, and 5 above is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Reporting Persons may be deemed
to be a &ldquo;group&rdquo; pursuant to Section 13(d)(3) of the Act. Neither the filing of this Schedule 13D nor any of its contents shall
be deemed to constitute an admission that the Reporting Persons or any of their respective affiliates are the beneficial owners of any
Common Stock beneficially owned by any of the Reporting Persons for purposes of Section 13(d) of the Act, the rules promulgated thereunder
or for any other purpose.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B></B></P>

<!-- Field: Page; Sequence: 8; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B></B>&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 7. Material to be Filed as Exhibits.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1.5pt solid; font-size: 10pt; width: 9%"><B>Exhibit No.</B></TD>
    <TD STYLE="font-size: 10pt; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; font-size: 10pt; text-align: center; width: 90%"><B>Description</B></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt">Exhibit 1</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="text-align: justify; font-size: 10pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1800637/000121390024006275/ea192155ex4-1_agrify.htm">Senior Secured Amended, Restated and Consolidated Convertible Note, dated January 25, 2024 (filed as Exhibit 4.1 to the Issuer&rsquo;s Current Report on Form 8-K, as filed with the Commission on January 25, 2024, and incorporated herein by reference).</A></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B></B></P>

<!-- Field: Page; Sequence: 9; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">After reasonable inquiry and to the best of my
knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dated: January 29, 2024</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><B>I-Tseng Jenny Chan</B></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-bottom: black 1.5pt solid">/s/ I-Tseng Jenny Chan</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 5%">Name:&nbsp;</TD>
    <TD STYLE="width: 35%">I-Tseng Jenny Chan&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="width: 60%">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><B>M Zion Capital, LLC</B></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 35%">&nbsp;</TD>
    <TD STYLE="width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">By:&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">/s/ I-Tseng Jenny Chan</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Name:&nbsp;</TD>
    <TD>I-Tseng Jenny Chan</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Title:</TD>
    <TD>Manager</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><B>M Olivet Capital, LLC</B></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 35%">&nbsp;</TD>
    <TD STYLE="width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">By:&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">/s/ I-Tseng Jenny Chan</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Name:&nbsp;</TD>
    <TD>I-Tseng Jenny Chan</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Title:</TD>
    <TD>Manager</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><B>M Cannan Capital, LLC</B></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 35%">&nbsp;</TD>
    <TD STYLE="width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">By:&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">/s/ I-Tseng Jenny Chan</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Name:&nbsp;</TD>
    <TD>I-Tseng Jenny Chan</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Title:</TD>
    <TD>Manager</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2"><B>CP Acquisitions, LLC</B></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 35%">&nbsp;</TD>
    <TD STYLE="width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap">By:&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid">/s/ I-Tseng Jenny Chan</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Name:&nbsp;</TD>
    <TD>I-Tseng Jenny Chan</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Title:</TD>
    <TD>Manager</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">10</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
