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Exhibit A

[See attached]

NANNO, INC. Financial Statements

For the Fiscal Years Ended December 31, 2019 and 2018

Balance Sheets (Unaudited)

December 31, 2019 2018 Assets Current assets Cash $ 150,508 $ 31,747 Other current assets 5,636 10,654 Total assets $ 156,144 $ 42,401 Liabilities and Stockholders’ Equity (Deficit)

Current liabilities Accrued liabilities $ 0 $ 30 Notes payable 47,450 Total current liabilities 47,450 30 Commitments and contingencies (Note 7) Contingent obligations related to advances

made on future issuance of equity instruments

211,659 0

Convertible notes payable 90,000 90,000 Contingent obligations to issue future equity 355,000 205,000

Common stock 21 21 par value of $0.0001 per share; 1,000,000

shares authorized as of December 31, 2019 and 2018; 208,330 shares issued and outstanding as of December 31, 2019 and 2018

Additional paid-in capital 118,853 118,853 Accumulated deficit (666,839) (371,503) Stockholders’ equity (deficit) (547,965) (252,629) Total liabilities and stockholders’ equity $ 156,144 $ 42,401

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



Statements of Operations (Unaudited)

Year Ended December 31, 2019 2018 Revenue $ 64,951 $ 20,251 Costs and expenses Advertising & marketing 105,504 41,768 Background checks 70,481 19,161 Insurance 20,564 17,956 Technology 21,590 16,117 Payment platform fees 12,685 3,887 General and administrative 129,462 58,871 Total costs and expenses 360,287 157,790 Net operating loss $ (295,336) $ (137,509) The accompanying notes are an integral part of these consolidated financial statements.



Statements of Stockholders’ Equity (Unaudited)

Common Stock

Additional Paid-In Capital Accumulated

Deficit

Total Stockholders’

Equity (Deficit) Shares Amount

Balances – Dec. 31, 2017 208,330 $ 21.00 $ 118,853 $ (233,994) $ (115,120) Net loss - - - $ (137,509) $ (137,509)

Balances – Dec. 31, 2018 208,330 $ 21.00 $ 118,853 $ (371,503) $ (252,629) Net loss - - - $ (295,336) $ (295,336)

Balances – Dec. 31, 2019 208,330 $ 21.00 $ 118,853 $ (666,839) $ (547,965)



Statements of Cash Flows (Unaudited)

Year Ended December 31, 2019 2018 Cash flows from operations Net loss $ (295,336) $ (137,509) Adjustments to reconcile net loss to net cash used in operating activities

Changes in operating assets and liabilities Prepaid expenses 5,018 (10,654) Note payable 47,450 Accrued and other liabilities (30) (944) Net cash used in operating activities (242,898) (149,107) Cash flows from investing activities Cash paid for intangible assets 0 0 Net cash provided from investing activities 0 0 Cash flows from financing activities Proceeds from the issuance of common stock 0 0 Proceeds from the issuance of KISSes 150,000 55,000 Proceeds advanced on future issuance of equity instruments

211,659 90,000

Net cash provided from financing activities 361,659 145,000 Net increase (decrease) in cash and cash equivalents $ 118,761 $ (4,107) Cash and cash equivalents Beginning of year $ 31,747 $ 35,854 End of year $ 150,508 $ 31,747 The accompanying notes are an integral part of these consolidated financial statements.



NOTES TO FINANCIAL STATEMENTS NOTE 1 – NATURE OF OPERATIONS Nanno, Inc. (“Nanno” or the “Company”) was originally formed as a Colorado corporation on May 6, 2016. The Company was converted to a Delaware corporation on July 27, 2017 (the “Conversion”). The Company’s headquarters are in Denver, Colorado. Nanno is an on-demand childcare platform and application. We connect busy parents with high-quality, fully vetted sitters and nannies through a true on-demand marketplace. NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). Significant Risks and Uncertainties The Company is subject to customary risks and uncertainties associated with dependence on key personnel, costs of services provided by third parties, and the need to obtain additional financing. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, and the reported amount of revenues and expenses during the reporting period. Actual results could materially differ from these estimates. Significant estimates include the values of capitalized software development costs, intangible assets, and accrued liabilities. It is reasonably possible that changes in estimates will occur in the near term. Cash and Cash Equivalents The Company maintains its cash on deposit with a well-established and widely known bank, which management considers to be financially stable and credit worthy. Deposited cash balances are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. Fair Value of Financial Instruments Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants as of the measurement date. Applicable accounting guidance provides an established hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in valuing the asset or liability and are developed based on market data obtained from sources independent of the Company. Unobservable inputs are inputs that reflect the Company’s assumptions about the factors that market participants would use in valuing the asset or liability. There are three levels of inputs that may be used to measure fair value:



Level 1 – Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.

Level 2 – Include other inputs that are directly or indirectly observable in the marketplace. Level 3 – Unobservable inputs which are supported by little or no market activity.

The fair value hierarchy also requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Fair-value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of the date of these financial statements. The respective carrying value of all financial instruments approximated their fair values. These financial instruments include convertible notes payable and Keep It Simple Securities (“KISSes”). Fair values of these items have been determined to approximate their carrying values because the instruments have been outstanding for a very short time, and market circumstances have not changed materially since the instruments were originated. Revenue Recognition We recognize revenue in accordance with Accounting Standards Update 2014-09, “Revenue from Contracts with Customers” (“Topic 606”). We derive our revenue principally from service fees paid by our caregiver partners for the use of our platform. We evaluate the presentation of revenue on a gross versus net basis based on whether we act as a principal by controlling the child care service provided or whether we act as an agent by arranging for third parties to provide the child care service. We facilitate the provision of a child care service by a caregiver to a parent (the caregiver’s customer) in order for the caregiver to fulfill their contractual promise to the parent. The caregiver fulfills their promise to provide a child care service to their customer through use of the Nanno platform. While we facilitate setting the price for child care services, the caregivers and parents have the discretion in accepting the transaction price through the platform. We do not control the child care services being provided to the parent nor do we have inventory risk related to the child care services. As a result, we act as an agent in facilitating the ability for a caregiver to provide a transportation service to a parent. We report revenue on a net basis, reflecting the service fees and commissions owed to us from the caregivers as revenue, and not the gross amount collected from the parent. We made this determination of not being primarily responsible for the services because we do not promise the child care services, do not contract with caregivers to provide child care services on our behalf, do not control whether the caregiver accepts or declines the child care request via the Nanno platform, and do not control the provision of child care services by caregivers to parents at any point in time either before, during, or after, the child care engagement. Income Taxes The Company applies ASC 740 “Income Taxes” (“ASC 740”). Deferred income taxes are recognized for the tax consequences in future years of differences between the tax bases of assets and liabilities and their financial statement reported amounts at each period end, based on enacted tax laws and statutory tax rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. The provision for income taxes represents the tax expense for the period, if any, and the change during the period in deferred tax assets and liabilities. As of the balance sheet date, the Company has established a full reserve against all deferred tax assets. NOTE 3 – CASH



Substantially all of the Company’s cash is held in a large, widely recognized bank which is insured by the FDIC and which management considers financially stable and reliable. Cash balances were $31,747 and $150,509 as of December 31, 2018 and 2019, respectively. NOTE 4 – OTHER CURRENT ASSETS Other current assets consist of prepaid insurance premiums and prepaid technology subscriptions billed annually. NOTE 5 – ACCRUED LIABILITIES Note Financing On February 15, 2019, the Company raised $47,000 cash in exchange for several non-convertible notes payable (collectively, the “Notes”). The Notes accrue interest at 10% per annum. Principal and interest under the Notes are due and payable upon an equity financing transaction for which the Company receives gross proceeds of at least $1,000,000 (a “Qualified Financing”). In connection with the notes, the Company issued warrants to purchase Common Stock in an amount equal to 50% the initial principal amount of the note divided by $19.58, at an exercise price of $19.58. The proceeds from this offering were used for general working capital and marketing expenses. Accrued Liabilities Accrued liabilities as of December 31, 2018 consisted primarily of prepaid gift cards that had not yet been used. NOTE 6 – CONVERTIBLE NOTES PAYABLE In 2018, the Company raised $90,000 in exchange for several convertible notes payable (collectively, the “Convertible Notes”). The Notes accrue interest at 10% per annum. Principal and interest under the Notes are convertible into Common Stock, at the option of the holders of the Notes, at a 20% discount, or are automatically convertible into Preferred Stock upon a Qualified Financing. Upon the closing of a Qualified Financing (defined as an equity financing with gross proceeds of at least $1,000,000), the holder shall be entitled to elect either (A) to receive a cash payment equal to all principal and accrued interest under the Note (the “Conversion Value”), or (B) to convert the Note, at the Conversion Value, into the Company’s equity sold in the Qualified Financing at a discount of 20%. If the Company undergoes a change of control, defined as a majority of outstanding equity shares being sold to parties other than the current stockholders, while the Notes remain outstanding, or at the holder’s option at any time before such a transaction, each holder may elect either (A) to receive a cash payment equal to the Conversion Value or (B) convert the Note, at the Conversion Value, into shares of the Company’s Common Stock at $6.55 per share. As of December 31, 2019, approximately $14,277 of interest had accrued under the Notes. NOTE 7 – COMMITMENTS AND CONTINGENCIES Contingent obligations related to advances made on future issuance of equity instruments On August 12, 2019, the Company launched a crowdfunded offering (the “Regulation CF Offering”) under Regulation Crowdfunding under the Securities Act of 1933, through OpenDeal Inc. (the “Intermediary” aka “Republic”). The Regulation CF Offering closed on January 1, 2020 (see Note 11, Subsequent Events). Under the



terms of the Regulation CF Offering, the Intermediary advanced the Company $211,659 on October 24, 2019, representing a portion of the total proceeds of the offering. Contingent obligations to issue future equity In 2017 and 2018, , under the Section 4(a)(2) exemption under the Securities Act, the Company issued four Keep It Simple Securities (“Quake KISSes”) in exchange for $295,000 cash financing. Under the Quake KISSes, the funds contributed by the investors will convert to shares of preferred stock in a priced preferred stock financing round, at a conversion price per share equal to the lesser of the price per share of the newly issued preferred stock multiplied by 80%; or $3,000,000, divided by the number of shares and potential shares of Common Stock, on a fully diluted basis, outstanding immediately prior to the preferred stock financing. On June 20, 2019, under the Section 4(a)(2) exemption under the Securities Act, the Company issued a Keep It Simple Security to 500 Startups V, L.P., a Delaware limited partnership (“500 Startups”) in the amount of $150,000 (the “KISS-A” and together with the Quake KISSes, the “KISSes”). The KISS-A converts upon the occurrence of various events, including upon an offering of capital stock in which the Company receives gross proceeds of at least $1,000,000 (excluding the aggregate amount of securities converted into Preferred Stock in connection with such sale) into the Company’s capital stock in an amount equal to 6% of the Company’s fully diluted capitalization immediately following the next equity financing, or following a corporate transaction; however, upon a corporate transaction, the Company may elect to pay holder an amount equal to 2 times the Purchase Price. Additionally, the 18 months from the date of issuance, the holder may elect that the KISS-A be converted into a number of conversion shares equal to 6% of the fully diluted capitalization of the Company immediately following the conversion. The KISS-A has not been electively converted and may limit, dilute or qualify future equity offerings as a result of certain purchase rights granted to 500 Startups. In addition, 500 Startups is entitled to information rights, right of first offer, participation rights in the next equity financing and observer rights to attend all meetings the Company’s board. The proceeds from this offering were used for general working capital and marketing expenses. As of the date of these financial statements, there has not been any priced preferred stock round of financing that would trigger a conversion of the KISS funds to preferred stock. The Company has accounted for its KISS investments as liability derivatives under the Financial Accounting Standards Board’s (“FASB’s”) Accounting Standards Classification (“ASC”) section 815-40 and ASC section 815-10. If any changes in the fair value of the KISSes occur, the Company will record such changes through earnings, under the guidance prescribed by ASC 825-10. As the conversion and the resulting effect of the discount on the price per share is not calculable until a priced preferred stock round of financing occurs, there is currently no amount recorded related to the discount or valuation cap of the KISSes. Litigation The Company is not currently involved with, and does not know of any, pending or threatened litigation against the Company or any of its officers. NOTE 8 – STOCKHOLDERS’ EQUITY Common Stock The Company is authorized to issue 1,000,000 shares of Common Stock. As of December 31, 2019, 208,330 shares of Common Stock are issued and outstanding. Of this amount, 200,000, or approximately 96%, is held by the Company’s two cofounders, who both remain active in the daily management of the Company.



Since inception, the Company has granted options to purchase 6,650 shares of Common Stock. These options have exercise prices equal to $3.92 and terms of 10 years. To date, no options have been exercised. Additional Paid-In Capital Additional Paid-In Capital as of December 31, 2018 and 2019 consists primarily of cash contributed by the cofounders. NOTE 9 – GOING CONCERN These financial statements are prepared on a going concern basis. The Company began operation in 2016 and incurred a loss for the period from Inception through December 31, 2019. The Company’s ability to continue is dependent upon management’s ability to raise additional funds, capital contributions from the founder and the ability to achieve profitable operations. The financial statements do not include any adjustments that might be necessary if the Company is not able to continue as a going concern. NOTE 10 – SUBSEQUENT EVENTS Regulation CF Offering On January 1, 2020, the Company issued $1,069,839 in Simple Agreements for Future Equity (the “Crowd SAFEs”), through a crowdfunding financing transaction under Regulation Crowdfunding of the Securities Act of 1933 (the “Regulation CF Transaction”). The Regulation CF Transaction was conducted through OpenDeal Portal LLC (the “Intermediary”). The Intermediary received 6% of the proceeds of the Regulation CF Transaction in cash and a Crowd SAFE for an additional 2% of the total amount raised in the transaction (the “Intermediary Fee”). Net of the Intermediary Fee and other associated fees, the Company received $976,396 in net proceeds from the offering, $211,659 of which was advanced in October 2019 and reflected on the balance sheet under contingent obligations related to advances made on future issuance of equity instruments. (See Note 7 – Commitments and Contingencies.) The Crowd SAFEs are convertible, at the Company’s option, on the completion of any Qualified Financing consummated subsequent to the issuance of the Crowd SAFEs, into a series of capital stock identical in all respects to the shares of capital stock issued in the relevant Qualified Financing (the “CF Shadow Series”), except that the holders of such CF Shadow Series will have no voting rights, information or inspection rights (except with respect to such rights deemed not waivable by laws). In the event of such a conversion, the conversion price will be equal to the lesser of (i) 90% of the price per share for the capital stock sold in the applicable Qualified Financing or (ii) the price per share derived by dividing $9,000,000 by the fully diluted number of shares of capital stock of the Company outstanding immediately prior to such Qualified Financing (as applicable, the “Conversion Price”). In the event the Crowd SAFEs are still outstanding on the date of an IPO or change of control, holders of the Crowd SAFEs will receive the same consideration such investor would have received as a holder of shares of common stock (if the liquidity event occurs prior to any Qualified Financing) or the same consideration such investor would have received as a holder of the capital stock issued in the last Qualified Financing prior to such liquidity event, in either case calculated based on the applicable Conversion Price. As the conversion and the resulting effect of the discount or valuation cap on the price per share is not calculable until a Qualified Financing event occurs, there is currently no amount recorded related to the effect of the discount or valuation cap. Convertible Note Offering On January 1, 2020, the Company issued $225,000 in convertible notes to seven investors (the “2020 Notes”). The 2020 Notes accrue interest at 4% per annum. Principal and interest under the 2020 Notes are convertible in



connection with a Qualified Financing into, and on the same terms as, the capital stock issued in connection with such Qualified Financing at a conversion price equal to the lesser of 80% of the price per share for the capital stock sold in the applicable Qualified Financing or (ii) the price per share derived by dividing $9,000,000 by the fully diluted number of shares of capital stock of the Company outstanding immediately prior to such Qualified Financing (as applicable, the “Conversion Price”). As the conversion and the resulting effect of the discount or valuation cap on the price per share is not calculable until a Qualified Financing event occurs, there is currently no amount recorded related to the effect of the discount or valuation cap.

CERTIFICATION I, Elisabeth Polizzi Oertle, CEO of Nanno, Inc., certify that:

(1) the financial statements of Nanno, Inc. included in this Form C-AR are true and complete in all material respects; and

(2) the tax return information of Nanno, Inc. included in this Form C-AR reflects accurately the information reported on the tax return for Nanno, Inc. filed for the fiscal year ended December 31, 2019.

Dated: April 28, 2020 /s/ Elisabeth Polizzi Oertle Elisabeth Polizzi Oertle Chief Executive Officer

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