UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended May 31, ~~2024~~2025

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________ to ___________

Commission File No. 000-56599

(Exact name of registrant as specified in its charter)

LAMY

(Exact name of registrant as specified in its charter)

Wyoming		37-2039216
(State or Other Jurisdiction of Incorporation or Organization)		(IRS Employer Identification Number)


201 Allen Street, Unit 10104, New York City, New York 10002		8200
(Address of principal executive offices)		(Primary Standard Industrial Classification Code Number)

657-315-8312 (Registrant’s telephone number, including area code:)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	N/A	N/A

Securities registered pursuant to Section 12(g) of the Act: None

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

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

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

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

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

Large accelerated filer ☐	Accelerated filer ☐
Non-accelerated filer ☒	Smaller reporting company ☒
	Emerging Growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

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

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

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

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

AsThe ofaggregate ~~May~~market ~~31,~~value ~~2024,~~of the ~~registrant~~voting ~~had~~and ~~7,777,000~~non-voting ~~shares of~~ common ~~stock~~equity ~~issued~~held ~~and~~by ~~outstanding.~~non-affiliates Nocomputed ~~market~~by ~~value~~reference ~~has~~to ~~been~~the ~~computed~~price ~~based~~at ~~upon~~which the ~~fact~~common ~~that~~equity nowas ~~active~~last ~~trading~~sold, ~~market~~or ~~has~~the average bid and ~~been~~asked ~~established~~price of such common equity, as of ~~May~~the ~~31,~~last ~~2024~~business day of the registrant’s most recently completed second fiscal quarter was $1,289,023.

As of October 17, 2025, the registrant had 7,777,000 shares of common stock issued and outstanding.

TABLE OF CONTENTS

PART I
ITEM 1	Business	~~Description of Business~~	1
ITEM 1A	Risk Factors	~~Risk Factors~~	2
ITEM 1C		Cybersecurity	2
ITEM 1B	Unresolved Staff Comments
ITEM 2		Description of Property	2
ITEM 1C	Cybersecurity
ITEM 3		Legal Proceedings	2
ITEM 2	Properties
ITEM 4		Mine Safety Disclosures	2
ITEM 3	Legal Proceedings
PART II
ITEM 4	Mine Safety Disclosures
ITEM 5		Market for Common Equity and Related Stockholder Matters	3
PART II
ITEM 6		Selected Financial Data	3
ITEM 5	Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
ITEM 7		Management’s Discussion and Analysis of Financial Condition and Results of Operations	4
ITEM 6	[Reserved]
ITEM 7A		Quantitative and Qualitative Disclosures about Market Risk	6
ITEM 7	Management’s Discussion and Analysis of Financial Condition and Results of Operations
ITEM 8		Financial Statements and Supplementary Data	6
ITEM 7A	Quantitative and Qualitative Disclosures about Market Risk
ITEM 9		Changes In and Disagreements with Accountants on Accounting and Financial Disclosure	7
ITEM 8	Financial Statements and Supplementary Data
ITEM 9A		Controls and Procedures	7
ITEM 9	Changes In and Disagreements with Accountants on Accounting and Financial Disclosure
ITEM 9B		Other Information	7
ITEM 9A	Controls and Procedures
PART III
ITEM 9B	Other Information
ITEM 10		Directors, Executive Officers, Promoters and Control Persons of the Company	8
ITEM 9C	Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
ITEM 11		Executive Compensation	11
PART III
ITEM 12		Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	12
ITEM 10	Directors, Executive Officers and Corporate Governance
ITEM 13		Certain Relationships and Related Transactions	12
ITEM 11	Executive Compensation
ITEM 14		Principal Accountant Fees and Services	12
ITEM 12	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
PART IV
ITEM 13	Certain Relationships and Related Transactions, and Director Independence
ITEM 15		Exhibits, Financial Statement Schedules	13
ITEM 14	Principal Accountant Fees and Services
ITEM 16		Form 10-K Summary	13
PART IV
Signatures			14
ITEM 15	Exhibits and Financial Statement Schedules
ITEM 16	Form 10-K Summary

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K (this “Annual Report”) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Private Securities Litigation Reform Act of 1995. The statements contained in this report that are not purely historical are forward-looking statements. Our forward-looking statements include, but are not limited to, statements regarding our or our management’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipates,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this report may include, for example, statements about:

	·	our ability to select an appropriate target business or businesses;
	·	our ability to complete our initial business combination;
	·	our expectations around the performance of the prospective target business or businesses;
	·	our success in retaining or recruiting, or changes required in, our officers, key employees or directors following our initial business combination;
	·	our officers and directors allocating their time to other businesses and potentially having conflicts of interest with our business or in approving our initial business combination, as a result of which they would then receive expense reimbursements;
	·	our potential ability to obtain additional financing to complete our initial business combination;
	·	our pool of prospective target businesses in the life sciences industry;
	·	the ability of our officers and directors to generate a number of potential acquisition opportunities;
	·	our public securities’ potential liquidity and trading;
	·	the lack of a market for our securities;
	·	the use of proceeds not held in the trust account or available to us from interest income on the trust account balance;
	·	the trust account not being subject to claims of third parties; or
	·	our financial performance following our initial public offering.

The forward-looking statements contained in this report are based on our current expectations and beliefs concerning future developments and their potential effects on us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors.” Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

PART I

Item 1. ~~DESCRIPTION OF BUSINESS~~Business

~~The~~Recent ~~Company~~Change ~~was incorporated~~ in Wyoming in January of 2022. We are a startup developing a business taping the eLearning market and the gaming market by teaching financial knowledge and resource management to children. The product is to be delivered through an educational platform and, in particular, a video game marketed as which for a competitive subscription fee will provide an immersive learning experience in finance and real estate. The game will a number of revenue-generating features deployed in the game, including a possibility to trade virtual property from which LAMY intends to generate monetary commissions.Control

~~Our~~Effective ~~business~~December ~~has~~6, ~~not~~2024, ~~suffered~~there occurred ~~any~~a ~~bankruptcy,~~change ~~receivership~~in orcontrol ~~similar~~of ~~proceeding~~the atCompany. ~~any~~On ~~time.~~such ~~There~~date, ~~have~~pursuant ~~not~~to ~~been~~two ~~any~~separate ~~material~~stock ~~reclassification,~~purchase agreements (the “Change-in-Control ~~merger~~Agreements”), ~~consolidation~~Zhang Shengwu acquired a total of 5,250,000 orshares ~~purchase~~of orthe ~~sale~~Company’s common stock (the “Acquired Shares”), 5,000,000 of athe ~~significant~~Acquired ~~amount~~Shares from Dwight Witmer and 250,000 of ~~assets~~the inAcquired orShares ~~out~~from Stephen Townsend. The Acquired Shares represent approximately 67.51% of the ~~ordinary~~outstanding ~~course~~shares of ~~business~~the Company’s common stock and constitute voting control of the Company.

The ~~business~~total ~~model~~consideration ofpaid ~~our~~by Mr. ~~Company~~Shengwu isfor ~~deploying~~the ~~new~~Acquired ~~technologies~~Shares ~~and~~was ~~trying~~$335,910 toin ~~use~~cash, ~~innovations to reduce costs~~$318,410 ~~gain competitive advantages~~ to ~~significantly affect the overcoming the inertia of developing economies~~Mr. ~~The~~Witmer ~~relatively~~and ~~small costs for starting our business~~$17,500 ~~ease of launching and being “closer”~~ to ~~the~~Mr. ~~client than larger companies lower the barrier to creating and penetrating into the already narrow niche of numerous competitors in our target markets~~Townsend.

~~Please~~In ~~use~~conjunction with the ~~following~~Change-in-Control Agreements, ~~link~~on toDecember ~~our~~6, ~~registration~~2024, ~~statement~~Dwight ~~that~~Witmer ~~includes~~resigned as a Director, CEO, CFO and Secretary of the ~~full~~Company, ~~discussion~~Stephen Townsend resigned as a Director and COO of the ~~general~~Company ~~development~~and Zhang Shengwu was appointed as the Sole Director, President, Chief Executive Officer and Secretary of the ~~business~~Company.

To buttress our steady development in March of 2023, LAMY has brought on board a new executive officer, Mr. Stephen Townsend. Mr. Townsend is an officer with extensive experience in the fields of finance and real estate. He now commands our key executive operations. This addition contributed to the start of the production new revenue generating features on our platform .Background

WeThe Company ~~have~~was ~~trademark~~incorporated ~~protected of brand~~ in ~~the~~Wyoming ~~United Kingdom, and are~~ in ~~the~~January ~~process~~ of ~~doing the same in other key regions~~2022.

WeThe Company’s ~~are~~Registration ~~not~~Statement inon ~~need~~Form ~~for~~S-1 ~~any~~was ~~government~~declared ~~approval~~effective by the Securities and Exchange Commission on February 13, 2023. This was followed by our initial offering of ~~principal~~shares ~~products~~of orthe ~~services~~Company’s wecommon ~~provide~~stock. The initial offering concluded in May of 2023.

~~LAMY’s Registration Statement was declared effective by the Securities and Exchange Commission on February 13, 2023. This was followed~~Business ~~by our initial offering of the Company’s stock of shares. The initial offering concluded in May of 2023.~~Strategies

1We are a startup developing a business taping the eLearning market and the gaming market by teaching financial knowledge and resource management to children. The product is to be delivered through an educational platform and, in particular, a video game marketed as twoplus1® which for a competitive subscription fee will provide an immersive learning experience in finance and real estate. The game will a number of revenue-generating features deployed in the game, including a possibility to trade virtual property from which LAMY intends to generate monetary commissions.

Our business has not suffered any bankruptcy, receivership or similar proceeding at any time. There have not been any material reclassification, merger, consolidation, or purchase or sale of a significant amount of assets in or out of the ordinary course of business.

The business model of our Company is deploying new technologies and trying to use innovations to reduce costs, gain competitive advantages to significantly affect the overcoming the inertia of developing economies. The relatively small costs for starting our business, ease of launching and being “closer” to the client than larger companies lower the barrier to creating and penetrating into the already narrow niche of numerous competitors in our target markets.

We are not in need for any government approval of principal products or services we provide.

Intellectual Properties

We have trademark protected of twoplus1® brand in the United Kingdom and are in the process of doing the same in other key regions.

Item 1A. Risk Factors

Not applicable to smaller reporting companies.

Item 1C1B. ~~Cybersecurity.~~Unresolved Staff Comments

None.

Item 1C. Cybersecurity

We use, store and process data for and about our customers, employees, partners and suppliers. We have not yet implemented a formal cybersecurity risk management program designed to identify, assess and mitigate risks from cybersecurity threats to this data, our systems and business operations. We intend to implement a cybersecurity risk management program before the end of 2025.

Cyber Risk Management and Strategy

Under the oversight of the Board of Directors (since we do not currently have an Audit Committee), we intend to implement and maintain a risk management program that includes processes for the systematic identification, assessment, management, and treatment of cybersecurity risks. Our cybersecurity oversight and operational processes would be integrated into our overall risk management processes. We intend to implement a risk-based approach to the management of cyber threats, supported by cybersecurity technologies, including automated tools, designed to monitor, identify and address cybersecurity risks. In support of this approach, it is expected that we would have a third-party security consultant implement processes to assess, identify and manage security risks to our company, including in the pillar areas of security and compliance, application security, infrastructure security and data privacy. This process, once implemented, would include regular compliance and critical system access reviews. In addition, we intend to conduct application security assessments, vulnerability management, penetration testing, security audits and ongoing risk assessments as part of our risk management process.

We expect to utilize third parties and consultants to assist in the identification and assessment of risks, including to support tabletop exercises and to conduct security testing. We intend to utilize well-known cloud-based technologies and service providers, such as Amazon AWS, Microsoft Office and Google enterprise to provide protection against cybersecurity threats.

Further, we intend to put processes in place that would evaluate potential risks from cybersecurity threats associated with our use of third-party service providers that would have access to our data, including a review process for such providers’ cybersecurity practices, risk assessments, contractual requirement and system monitoring.

Part of our intended program would be ongoing evaluation and enhancement of our systems, controls and processes where possible, including in response to actual or perceived threats specific to us or experienced by other companies.

Risks from cybersecurity threats have, to date, not materially affected us, our business strategy, results of operations or financial condition.

Item 2. Description of Property

InOur ~~the US our~~ executive offices, which we lease, are located at 201 Allen Street Unit 10104 New York, New York 10002. InThis ~~the United Kingdom at 10 Sextons House, Bardsley Lane, London, SE10 9RQ. Other~~ office ~~spaces~~will ~~are~~satisfy ~~currently~~our ~~being~~needs ~~considered~~ for ~~our~~the ~~operations~~foreseeable future.

Item 3. Legal Proceedings

We are not subject to any material legal proceedings, nor, to our knowledge, is any material legal proceeding threatened against us or any of our officers or directors.

Item 4. Mine Safety Disclosures.

None.

PART II

~~(a)~~ Market Information

~~There~~The ~~was~~trading symbol nofor ~~established~~our ~~public~~common ~~trading~~stock ~~market~~is ~~for~~“LMMY.” ~~our~~Our common ~~shares~~stock ~~during~~trades on the OTCID platform of OTC Markets. Since our common stock ~~given~~began ~~reporting~~trading ~~period~~in October 2024, ~~year~~the ~~ending~~closing ~~May~~sales 31prices have ranged from a low of $0.085 to a high of $10.00, ~~2024~~with sporadic trading.

~~(b)~~Registered Holders of our Common Stock

As of ~~May~~October 3116, ~~2024~~2025, there were approximately 30 ~~holders~~ of record owners of our ~~shares of Class A~~ common stock~~, holding the total of 7,777,000 shares~~.

~~(c) Dividend Policy~~Dividends

We have never declared or paid ~~any~~ cash dividends on ~~our~~its common stock, tonor ~~date and~~ do ~~not intend to pay cash dividends. We anticipate that~~ we ~~will retain all available funds and any future earnings, if any, for use in the operation of our business and do not~~ anticipate paying cash dividends in the foreseeable future. In addition, future debt instruments may materially restrict our ability to pay dividends on our common stock. Payment of future cash dividends, if any, will be at the discretion of the board of directors after taking into account various factors, including our financial condition, operating results, current and anticipated cash needs, the requirements of then-existing debt instruments and other factors the board of directors deems relevant.

~~(d)~~Recent ~~Securities~~Sales ~~Authorized~~of ~~for Issuance Under Equity~~Unregistered ~~Compensation Plans~~Securities

OnDuring the ~~March~~three ~~16,~~months ~~2023,~~ended anMay ~~amount of 250~~31,~~000~~ ~~shares were granted to Mr. Stephen Townsend~~2025, inwe ahad ~~stock-based~~no ~~payment~~sales of ~~$2,500~~unregistered ~~for his executive services~~shares. ~~No stock-based payment was issued during the year ended May 31, 2024.~~

~~(e)~~Item ~~Performance~~6. ~~Graph~~[Reserved]

The performance graph has been omitted as permitted under rules applicable to smaller reporting companies.

(f) Recent Sales of Unregistered Securities

There were no recent sales of unregistered shares.

Item 6. [Reserved].

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

~~The~~We ~~following~~are ~~discussion~~a ~~should~~development-stage ~~be read in conjunction~~corporation with ~~our~~limited ~~financial~~operations ~~statements,~~and ~~including~~limited ~~the~~revenues ~~notes~~from ~~thereto,~~our ~~appearing~~business ~~elsewhere~~operations. inOur ~~this~~independent ~~annual~~auditor ~~report.~~has ~~The~~issued ~~following~~a ~~discussion~~going-concern ~~contains~~opinion. ~~forward-looking~~This ~~statements~~means that ~~reflect~~ our ~~plans,~~independent ~~estimates~~auditor ~~and~~believes ~~beliefs. Our~~there ~~actual~~is ~~results~~substantial ~~could~~doubt ~~differ~~that ~~materially~~we ~~from~~can ~~those discussed~~continue inas ~~the~~an ~~forward~~on-~~looking~~going ~~statements~~business for the next twelve months. ~~Our~~We ~~audited~~do ~~financial~~not ~~statements~~anticipate ~~are~~that ~~stated~~we inwill ~~United~~generate ~~States~~significant ~~Dollars~~revenues, ~~and~~until ~~are~~we ~~prepared in~~have ~~accordance~~obtained ~~with~~sufficient ~~United~~funds ~~States~~to ~~Generally~~initiate ~~Accepted~~a marketing ~~Accounting~~program, ~~Principles~~of which there is no assurance.

~~RESULTS~~Recent OFChange ~~OPERATIONS~~in Control

WeEffective December ~~have~~6, ~~incurred~~2024, ~~recurring~~there ~~losses~~occurred toa change in control of the Company On such date., ~~Our financial~~pursuant ~~statements~~to ~~have~~two ~~been~~separate ~~prepared~~stock ~~assuming~~purchase ~~that~~agreements we(the Change-in-Control Agreements), ~~will~~Zhang ~~continue~~Shengwu asacquired a ~~going~~total ~~concern~~of ~~and~~5, ~~accordingly~~250, do000 ~~not~~shares ~~include~~of ~~adjustments relating~~the toCompany’s ~~the~~common ~~recoverability~~stock ~~and~~(the Acquired ~~realization~~Shares), 5,000,000 of ~~assets~~the Acquired Shares from Dwight Witmer and ~~classification~~250,000 of ~~liabilities~~the ~~that~~Acquired ~~might~~Shares befrom ~~necessary~~Stephen ~~should~~Townsend. weThe beAcquired ~~unable~~Shares represent approximately to67.51% ~~continue~~of ~~operations~~the outstanding shares of the Company’s common stock and constitute voting control of the Company.

WeThe ~~expect we will require additional capital to~~total ~~meet~~consideration ~~our~~paid ~~long-term~~by ~~operating requirements~~Mr. WeShengwu ~~expect~~for tothe ~~raise~~Acquired ~~additional~~Shares ~~capital~~was ~~through~~$335,910 ~~among~~in ~~other~~cash, ~~things~~$318,410 ~~the~~to ~~sale~~Mr. ofWitmer ~~equity~~and or$17,500 ~~debt securities~~to Mr. Townsend.

~~FISCAL~~In ~~YEAR~~conjunction with ~~ENDED~~the ~~MAY~~Change-in-Control 31Agreements, on December 6, 2024, ~~COMPARED~~Dwight TOWitmer ~~FISCAL~~resigned as a Director, CEO, CFO and Secretary of the Company, ~~YEAR~~Stephen ~~ENDED~~Townsend ~~MAY~~resigned 31as a Director and COO of the Company and Zhang Shengwu was appointed as the Sole Director, ~~2023~~President, Chief Executive Officer and Secretary of the Company.

~~Our~~No ~~net~~change ~~loss~~in ~~for~~ the ~~fiscal~~Company’s ~~year~~business ~~ended~~plan ~~May 31~~occurred, ~~2024~~as ~~is $25,807 compared to~~ a ~~net~~result ~~loss~~ of ~~$56,421~~this ~~during~~change ~~the fiscal year ended May 31, 2023. The company generated $11,500~~ in ~~revenue during the year ended May 31, 2024 as compared to $0 revenue during the fiscal year ended May 31, 2023~~control.

During the fiscal year ended May 31, 2024, we incurred legal and professional fees of $17,269, depreciation & amortization expense of $14,700, Interest expense of $5,656 and general and administrative expense of $118 compared to legal and professional fees of $33,545 and depreciation & amortization expense of $14,700, Interest expense of $5,089 and general and administrative expense of $3,087 incurred during fiscal year ended May 31, 2023. As of May 31 2024, Interest income against revenue receivables is $436 as compared to $0 for the fiscal year ending May 31, 2023.

LIQUIDITY AND CAPITAL RESOURCES

FISCAL YEAR ENDED MAY 31, 2024 AND 2023

As of May 31, 2024, our total assets were $27,453 comprised of cash and cash equivalents of $1,028, Accounts receivables $11,500, interest receivables $436, Intangible (net) of $9,537 and equipment (net) of $4,952; our total liabilities were $82,348 comprised of accrued expenses $1,211, advance from our director of $12,958, note payable of $29,000 and note and loan payable in total to related party of $28,100, accrued interest of $11,079.

As of May 31, 2023, our total assets were $37,044 comprised of cash and cash equivalents of $7,855, Intangible(net) of $19,203 and equipment(net) of $9,986; our total liabilities were $62,522 comprised of accrued expenses $610, advance from our director of $3,000, note payable of $29,000 and note and loan payable in total to related party of $28,100, accrued interest of $5,422.

Cash Flows from Operating Activities

For the fiscal year ended May 31, 2024, net cash flows used in operating activities were $(12,484) consisting of net loss of $(26,243) amortization of $9,667, depreciation of $5,033 and increase in accounts receivables ($11,500), increase in interest receivable $436, increase in accrued expenses of $610 and increase in advances from related party of $9,958. For the fiscal year ended May 31, 2023, net cash flows used in operating activities were $(38,111) consisting of net loss of $(56,421) amortization of $9,667, depreciation of $5,033 and increase in accrued expenses of $610 and increase in advances from related party of $3,000.

~~Cash~~Results ~~Flows~~of ~~Provided by Investing Activities~~Operations

~~For~~Fiscal Year Ended May 31, 2025, Compared to Fiscal Year Ended May 31, 2024. During the fiscal ~~years~~year ended May 31, ~~2024~~2025, ~~and~~we ~~2023~~generated $3,750 in revenues; ~~net~~during ~~cash~~the ~~flows~~fiscal ~~used~~year ended May 31, 2024, we generated $11,500 in ~~investing~~revenues. ~~activities~~Our ~~were~~net income for the fiscal year ended May 31, 2025, was $051,395 ~~respectively~~compared to a net loss of $25,807 for the fiscal year ended May 31, 2024.

~~Cash~~Operating ~~Flows~~expenses ~~from~~incurred ~~Financing~~were $31,843 ~~Activities~~during the fiscal year ended May 31, 2025, compared to $28,076 in operating expenses during the fiscal year ended May 31, 2024.

~~For~~Unless ~~the~~and ~~fiscal~~until ~~year~~we ~~ended~~obtain ~~May 31, 2024, net cash~~additional ~~from~~capital ~~financing~~or ~~activities~~our ~~was~~operations ~~$5,657~~begin ~~consisting~~to ofgenerate ~~increase~~significant ~~in accrued interest of $5~~revenues,~~657.~~ ~~For the fiscal year ended May 31, 2023, net cash from financing activities was $33,859 consisting~~ of ~~issuance~~which ofthere ~~common~~is ~~stock~~no ~~of $27~~assurance,~~770,~~ ~~proceeds~~we ~~from~~expect ~~note~~that ~~payable~~our ofoperating ~~$3,000 and~~expenses ~~increase~~will inremain ~~relevant~~at ~~accrued~~current ~~interest of $5,089~~levels.

~~PLAN~~Liquidity OFand ~~OPERATION~~Capital ~~AND FUNDING~~Resources

WeAt ~~expect~~May ~~that~~31, ~~working~~2025. As ~~capital~~of ~~requirements~~May ~~will continue~~31, to2025, bewe ~~funded~~had ~~through~~cash aof ~~combination~~$-0- ofand ~~our~~no ~~existing~~working ~~funds~~capital, ~~and~~compared ~~further~~to ~~issuances~~cash of ~~securities.~~$1,028 ~~Our~~and a working capital ~~requirements are~~deficit ~~expected~~of to$1,205 ~~increase in line with the growth~~ as of ~~our~~May ~~business~~31, 2024.

~~Existing~~Cash working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next six months. We have no lines of credit or other bank financing arrangements. Generally, we have financed operations to date through the proceeds of the private placement of equity and debt instruments. In connection with our business plan, management anticipates additional increases in operating expenses and capital expenditures relating to: (i) acquisition of software; (ii) developmental expenses associated with a start-up business; and (iii) marketing expenses. We intend to finance these expenses with further issuances of securities, and debt issuances. Thereafter, we expect we will need to raise additional capital and generate revenues to meet long-term operating requirements. Additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, we may not be able to take advantage of prospective new business endeavors or opportunities, which could significantly and materially restrict our business operations.Flows

~~MATERIAL~~Cash ~~COMMITMENTS~~Flows from Operating Activities. We have not generated positive cash flows from operating activities. For the fiscal year ended May 31, 2025, net cash flows used in operating activities was $4,528. For the fiscal year ended May 31, 2024, net cash flows used in operating activities was $12,484.

AsCash ofFlows from Investing Activities. For the ~~date~~fiscal ofyears ~~this~~ended ~~Annual~~May ~~Report~~31, we2025 doand ~~not~~2024, ~~have~~net ~~any~~cash ~~material~~flows ~~commitments~~provided by investing activities was $-0- and $-0-, respectively.

~~PURCHASE~~Cash OFFlows ~~SIGNIFICANT~~from ~~EQUIPMENT~~Financing Activities. We have financed our operations primarily either from advances from our former sole executive officer or from third parties. For the fiscal year ended May 31, 2025, net cash provided by financing activities was $3,500. For the fiscal year ended May 31, 2024, net cash from financing activities was $5,657.

WeOff-Balance doSheet ~~not intend to purchase any significant equipment during the next twelve months.~~Arrangements

~~OFF-BALANCE~~We ~~SHEET~~currently ~~ARRANGEMENTS~~have no off-balance sheet arrangements.

AsGoing of the date of this Annual Report, we do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.Concern

~~GOING~~Our ~~CONCERN~~financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation. Our report from our independent registered public accounting firm for the fiscal year ended January 31, 2025, includes an explanatory paragraph stating our company has recurring losses and limited operations which raise substantial doubt about its ability to continue as a going concern. If our company is unable to obtain adequate capital, we may be required to reduce the scope, delay, or eliminate some or all of its planned operations. These factors, among others, raise substantial doubt about our company’s ability to continue as a going concern.

The independent auditors’ reports accompanying our May 31, 2024 and 2023 financial statements contain an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared “assuming that we will continue as a going concern,” which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.

Critical Accounting Policies

The discussion and analysis of our financial condition and results of operations are based upon our financial statements, which have been prepared in accordance with the accounting principles generally accepted in the United States of America. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and expenses. These estimates and assumptions are affected by management’s application of accounting policies. We believe that understanding the basis and nature of the estimates and assumptions involved with the following aspects of our financial statements is critical to an understanding of our financial statements.

Use of Estimates. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and judgments will also affect the reported amounts for certain expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.

Recent Accounting Pronouncements

Recent accounting pronouncements issued by the Financial Accounting Standards Board (“FASB”), (including its EITF, the AICPA and the SEC), did not or are not believed by management to have a material effect on our company’s present or future financial statements.

Going Concern

The Company’s independent auditors’ reports accompanying our May 31, 2025 and 2024, financial statements contain an explanatory paragraph expressing substantial doubt about our ability to continue as a going concern. The financial statements have been prepared “assuming that we will continue as a going concern,” which contemplates that we will realize our assets and satisfy our liabilities and commitments in the ordinary course of business.

Item 7A. Quantitative and Qualitative Disclosures about Market Risk

Not applicable to smaller reporting companies.

Item 8. Financial Statements and Supplementary Data

~~LAMY~~Please see our Financial Statements required by this Item, together with the report thereon of the Independent Registered Public Accounting Firm, beginning on page F-1 of this Annual Report.

ANNUAL FINANCIAL STATEMENT

FOR THE YEAR ENDED MAY 31, 2024

INDEX TO AUDITED FINANCIAL STATEMENTS

Report of Independent Registered Public Accounting Firm (May 31, 2024)	F-1
Report of Independent Registered Public Accounting Firm (May 31, 2023)	F-2
Balance sheets as on May 31, 2024 and May 31, 2023	F-4
Statements of Operations for the year ended May 31, 2024 & 2023	F-5
Statements of Stockholders’ Equity for the year ended May 31, 2024 & 2023	F-6
Statements of Cash Flows for the year ended May 31, 2024 & 2023	F-7
Notes to the Audited Financial Statements	F-8

Report of Independent Registered Public Accounting Firm

The Board of Directors and Stockholders of

LAMY

Opinion on the Financial Statements

We have audited the accompanying balance sheets of Lamy (the ‘Company’) as of May 31, 2024, and the related statements of operations, changes in stockholders’ deficit and cash flows for the year ended May 31, 2024, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of May 31, 2024, and the results of its operations and its cash flows for the year ended May 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2, the Company suffered an accumulated deficit of $(83,165), net loss of $(25,807) and a negative working capital of $(1,205). The Company is dependent on obtaining additional working capital funding from the sale of equity and/or debt securities to execute its plans and continue operations. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

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

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

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

Critical Audit Matters

Critical audit matters are matters arising from the current period audit of the financial statements that were communicated or required to be communicated to the audit committee and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. Communication of critical audit matters does not alter in any way our opinion on the financial statements taken as a whole and we are not, by communicating the critical audit matters, providing separate opinions on the critical audit matter or on the accounts or disclosures to which they relate.

F-1

Revenue Recognition

As discussed in Note 3 to the financial statements, the Company recognizes revenue from provision of comprehensive financial instruction and innovations modules, which is deliver through digital-age instruments and methodologies. At contract inception, the Company assesses the services promised in the contract with customers and identifies a performance obligation for each, in accordance with ASC 606, Revenue from Contracts with Customers. To determine the performance obligation, the Company considers all products and services promised in the contract. Revenue is recognized over time as the services is rendered to customer as it most accurately represents the value of services transferred to the customer.

The primary procedures we performed to address this critical audit matter included:

We reviewed the underlying agreements and contracts and assessed the terms to determine if the performance obligation was met and for the correct amount. We recalculated the mathematical accuracy of the revenue. We reviewed the adequacy of the company disclosure

Going Concern Uncertainty – See also Going Concern Uncertainty explanatory paragraph above

As described in Note 2 to the financial statements, the Company has significant operating losses and a working capital deficiency. Furthermore, the company has matured notes payable to external lender and related party without means of repayment.

The ability of the Company to continue as a going concern is dependent on embarking on a profitable business venture or obtaining additional financing from the shareholders or working capital funding from the sale of equity and/or debt securities to execute its plans and continue operations. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. The procedures performed to address the matter included.

(i) We inquired of executive officers, and key members of management, of the Company regarding factors that would have an impact on the Company’s ability to continue as a going concern. (ii) We performed testing procedures such as analytical procedures to identify conditions and events that indicate that there could be substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time. (iii) We reviewed and evaluated management plan for dealing with adverse effects of these conditions and events (iv) We assessed the possibility of raising additional debt or credit, (v) We evaluated the completeness and accuracy of disclosures in the consolidated financial statements.

/s/ Boladale Lawal

BOLADALE LAWAL & CO.

(Chartered Accountants)

(PCAOB ID 6993)

Lagos, Nigeria

We have served as the Company’s auditor since 2024.

August 28, 2024

F-2

Report of Independent Registered Public Accounting Firm

Bolko & Company	Accounting and Auditing Firm
	1825 NW Corporate Blvd, 110
	Boca Raton, Florida 33431

To the Shareholders and Board of Directors Lamy

We have audited the accompanying financial statements of LAMY (“Company”), which comprise of balance sheet as of May 31, 2023, and the related statement of operations, stockholders’ equity (deficit), and cash flow for the period then ended, and the related notes to the financial statements.

In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of May 31, 2023, and the results of its operations and its cash flows for the period then ended, in conformity with accounting principles generally accepted in the United States.

Basis for Opinion

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

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. We were not engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

An audit involves performing procedures to obtain audit evidence about amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Going Concern

The accompanying financial statements have been prepared assuming that the Lamy will continue as going concern. As discussed in Note 2 to the financial statements, Lamy has suffered recurring losses from operations and has net capital deficiency that raises substantial doubt about the Company’s ability to continue as a going concern. Management’s plans in regard to these matters are also described in Note 2.

The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Bolko & Company

/s/ Bolko & Company

Certified Public Account

We have served as the Company’s auditor since 2023

August 31, 2023

Boca Raton, Florida

F-3

LAMY BALANCE SHEETS

	MAY 31, 2024			MAY 31, 2023
ASSETS
Current Assets
Cash & cash equivalents	$	1,028		$	7,855
Accounts receivable		11,500			–
Interest receivable		436			–
Total current assets		12,964			7,855
Non-Current assets
Intangibles (net)		9,537			19,203
Equipment (net)		4,952			9,986
Total non-current assets		14,489			29,189
TOTAL ASSETS	$	27,453		$	37,044
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Accrued expenses	$	1,211		$	610
Advances from related parties		12,958			3,000
Total current liabilities		14,169			3,610
Non-Current Liabilities
Loans from related parties		18,100			18,100
Note payable – related party		10,000			10,000
Note payable – others		29,000			29,000
Accrued Interest		11,079			5,422
Total non-current liabilities		68,179			62,522
Total Liabilities		82,348			66,132
Stockholders’ Equity (Deficit)
Common stock, $0.0001 par value, 100,000,000 shares authorized; 7,777,000 shares issued and outstanding as of May 31, 2024 & 2023		778			778
Additional Paid-In-Capital		27,492			27,492
Accumulated Deficit		(83,165	)		(57,358	)
Total Stockholders’ equity (deficit)		(54,895	)		(29,088	)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	$	27,453		$	37,044

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

F-4

LAMY STATEMENT OF OPERATIONS

	YEAR ENDED MAY 31, 2024			YEAR ENDED MAY 31, 2023
Revenue	$	11,500		$	–
Cost of revenue		9,667			–
Gross Profit		1,833			–
Operating Expenses
General and administrative expenses		28,076			56,421
Total Operating expenses		28,076			56,421
Other Income		436			–
Income (Loss) before provision for income taxes		(25,807	)		(56,421	)
Provision for income taxes		–			–
Net income (loss)	$	(25,807	)	$	(56,421	)
Income (loss) per common share: Basic and diluted	$	(0.00	)	$	(0.00	)
Weighted Average Number of Common Shares Outstanding: Basic and diluted		7,777,000			5,686,257

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

F-5

LAMY STATEMENT OF STOCKHOLDERS’ EQUITY (DEFICIT) FOR THE YEAR ENDED MAY 31, 2024 AND MAY 31, 2023

	Number of Common Shares		Amount ($)		Additional Paid-In-Capital ($)		Accumulated Deficit ($)			Total ($)
Balances as of May 31, 2023		7,777,000		778		27,492		(57,358	)		(29,088	)
Net loss for the year		–		–		–		(25,807	)		(25,807	)
Balances as of May 31, 2024		7,777,000		778		27,492		(83,165	)		(54,895	)
Balances as of May 31, 2022		5,000,000		500		–		(937	)		(437	)
Shares issued at offering price 0.01		2,527,000		253		25,017		–			25,270
Shares issued for services		250,000		25		2,475		–			2,500
Net loss for the year		–		–		–		(56,421	)		(56,421	)
Balances as of May 31, 2023		7,777,000		778		27,492		(57,358	)		(29,088	)

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

F-6

LAMY STATEMENT OF CASH FLOWS

	YEAR ENDED MAY 31, 2024			YEAR ENDED MAY 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(25,807	)	$	(56,421	)
Adjustment as of non-cash items:
Depreciation		5,033			5,033
Amortization		9,667			9,667
Changes in operating assets and liabilities
Increase in accounts receivable		(11,500	)		–
Increase in interest receivable		(436	)		–
Increase in accrued expenses		601			610
Increase in advances from related parties		9,958			3,000
Net cash provided by (used in) Operating activities		(12,484	)		(38,111	)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash provided by (used in) Investing activities		–			–
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sale of common stock		–			27,770
Proceeds from note payable – related party		–			3,000
Accrued Interest		5,657			5,089
Net cash provided by Financing activities		5,657			35,859
Increase (decrease) in cash and equivalents		(6,827	)		(2,252	)
Cash and equivalents at beginning of the period		7,855			10,107
Cash and equivalents at end of the period	$	1,028		$	7,855
Supplemental cash flow information:
Cash paid for:
Interest	$	–		$	–
Taxes	$	–		$	–
Non-cash investing and financing activities
Proceeds of loan from related party in exchange of asset	$	–		$	–
Proceeds from note payable against acquisition of intangibles	$	–		$	–

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

F-7

LAMY NOTES TO THE AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED MAY 31, 2024

NOTE 1 – ORGANIZATION AND BUSINESS

LAMY. (the “Company”) is a corporation established under the corporation laws in the State of Wyoming on January 31, 2022. The company intends to develop a successful business through provision of financial knowledge and resource management to the youngsters through an educational platform and, chiefly, an immersive video game called TwoPlus1®.

The Company has adopted May 31 fiscal year end.

NOTE 2 – GOING CONCERN

The Company’s financial statements as of May 31, 2024 have been prepared using generally accepted accounting principles in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenue sufficient to cover its operating costs and allow it to continue as a going concern. The Company has accumulated loss from inception (January 31, 2022) to May 31, 2024 of $83,165. These factors among others raise substantial doubt about the ability of the company to continue as a going concern for a reasonable period of time.

In order to continue as a going concern, the Company will need, among other things, additional capital resources. Management’s plan is to obtain such resources for the Company by obtaining capital from management and significant shareholders sufficient to meet its minimal operating expenses and seeking third party equity and/or debt financing. However, management cannot provide any assurances that the Company will be successful in accomplishing any of its plans. These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America.

New Accounting Pronouncements

There were various accounting standards and interpretations issued recently, none of which are expected to a have a material impact on our financial position, operations or cash flows.

Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents.

F-8

Stock-Based Compensation

As of May 31, 2024, the Company has not issued any stock-based payments to its employees.

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

Use of Estimates and Assumptions

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

Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.

Fair Value of Financial Instruments

ASC 825, “Disclosures about Fair Value of Financial Instruments”, requires disclosure of fair value information about financial instruments. ASC 820, “Fair Value Measurements” defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosures about fair value measurements. Fair value estimates discussed herein are based upon certain market assumptions and pertinent information available to management as of May 31, 2024.

The respective carrying values of certain on-balance-sheet financial instruments approximate their fair values. These financial instruments include cash, accounts payable and related party loan payable. Fair values were assumed to approximate carrying values for these financial instruments as either they do not have any active market or are short term in nature and therefore their carrying amounts approximate fair value.

Income Taxes

Income taxes are provided in accordance with ASC No. 740, Accounting for Income Taxes. A deferred tax asset or liability is recorded for all temporary differences between financial and tax reporting and net operating loss carry forwards. Deferred tax expense (benefit) results from the net change during the year of deferred tax assets and liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion of all of the deferred tax assets will be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment.

Revenue Recognition

We adopted Accounting Standards Codification (“ASC”) Topic 606, “Revenue from Contracts with Customers”, and all related interpretations for recognition of our revenue from tours and services. Previously we recorded revenue based on ASC Topic 605. Adoption of new accounting standard did not have any material impact on our reported revenue.

F-9

Revenue is recognized when the following criteria are met:

· Identification of the contract, or contracts, with customer; · Identification of the performance obligations in the contract; · Determination of the transaction price; · Allocation of the transaction price to the performance obligations in the contract; and · Recognition of revenue when, or as, we satisfy performance obligation.

The Company has evaluated all the recent accounting pronouncements and determined that there are no other accounting pronouncements that will have a material effect on the Company’s financial statements.

Fixed Assets

Fixed assets are stated at cost, net of accumulated depreciation and accumulated impairment losses, if any. The cost comprises purchase price, borrowing costs, if capitalization criteria are met and directly attributable cost of bringing the asset to its working condition for the intended use. Any subsidy/reimbursement/contribution received for installation and acquisition of any fixed assets is shown as deduction in the year of receipt. Capital work- in progress is stated at cost.

Subsequent expenditure related to an item of fixed assets is added to its book value only if it increases the future benefits from the existing asset beyond its previously assessed standard of performance. All other expenses on existing fixed assets, including day-to-day repairs and maintenance expenditure and cost of replacing parts, are charged to the Statement of Profit and Loss for the period during which such expenses are incurred.

Gains or losses arising from de-recognition of fixed assets are measured as the difference between the net disposal proceeds and the carrying amount of the assets derecognized.

The Company utilizes straight-line depreciation over the estimated useful life of the asset.

Office Equipment – 3 years

Earnings per Share

ASC No. 260, “Earnings Per Share”, specifies the computation, presentation and disclosure requirements for earnings (loss) per share for entities with publicly held common stock. The Company has adopted the provisions of ASC No. 260.

Basic net loss per share amounts is computed by dividing the net loss by the weighted average number of common shares outstanding. Diluted earnings per share are the same as basic earnings per share due to the lack of dilutive items in the Company.

NOTE 4 – EQUIPMENT (NET)

Company acquired equipment as on May 25, 2022 for $15,100.

The Company depreciates its property using straight-line depreciation over the estimated useful life of 3 years.

For the year ended May 31, 2024 the company recorded $5,033 in depreciation expense. From inception (January 31, 2022) through May 31, 2024 the company has recorded a total of $10,148 in depreciation expense.

F-10

NOTE 5 – INTANGIBLE ASSETS

Company acquired intangibles as on May 26, 2022 and consist of Videogame platform and related property rights of $29,000. The Company amortize its intangibles using straight-line depreciation over the estimated useful life of 3 years.

For the year ended May 31, 2024 the company recorded $9,667 in amortization expense. From inception (January 31, 2022) through May 31, 2024 the company has recorded a total of $19,463 in amortization expense.

NOTE 6 – CAPITAL STOCK

The Company has 100,000,000 shares of common stock authorized with a par value of $0.0001 per share.

In February 2022, the Company issued 5,000,000 shares of its common stock at $0.0001 per share for total proceeds of $500.

During the year ended May 31, 2023, the Company issued 2,527,000 shares of its common stock at an offering price of $0.01 per share for total proceeds of $25,270 while 250,000 shares were issued for services at par value of $2,500.

As of May 31, 2024 & 2023 the Company had 7,777,000 shares issued and outstanding respectively.

NOTE 7 – RELATED PARTY TRANSACTIONS

In support of the Company’s efforts and cash requirements, it may rely on advances from related parties until such time that the Company can support its operations or attains adequate financing through sales of its equity or traditional debt financing. There is no formal written commitment for continued support by officers, directors, or shareholders. Amounts represent advances or amounts paid in satisfaction of liabilities.

Since inception (January 31, 2022) through May 31, 2024 the Company’s sole officer and director loaned the Company as follow;

As on February 01, 2022, the Company’s sole officer and director loaned the Company $10,000 as a long-term unsecured loan with 10% simple interest per annum. This loan is payable in three installments as per following agreed schedule:

1st installment: $3,000.00 on or before July 1, 2023,

2nd installment: $3,000.00 on or before July 1, 2024,

3rd installment: $4,000.00 on or before July 1, 2025,

The interest amount is expected to be at $3,000, due with the final payment thereto.

As of May 31, 2024, interest accrued on this loan was $2,333.

As on May 25, 2022, $15,100 was loaned to the company in exchange for assets. Initially the loan was unsecured and interest free. Subsequently, on September 20,2022, this loan was secured under a promissory note bearing 10% simple interest per annum. This loan is payable in three installments as per following agreed schedule:

1st installment: $5,100.00 on or before September 20, 2023,

2nd installment: $5,000.00 on or before September 20, 2024,

3rd installment: $5,000.00 on or before September 20, 2025,

F-11

The interest amount is expected to be at $4,530, due with the final payment thereto.

As of May 31, 2024, interest accrued on this loan was $2,559.

As on October 11, 2022, the Company’s sole officer and director loaned the Company $3,000 as a long-term unsecured loan with interest payable on the unpaid principal at the rate of [3% over the US Federal Reserve Base Rate] per annum. This loan is payable in a single lump sum amount by the end of two-year term i.e., on October 11, 2024. As of May 31, 2024 interest accrued on this loan was $386.

As of May 31, 2024, the total principal amount outstanding to related party under long term liability was $28,100 while total accrued interest due to related party is $5,278.

As of May 31, 2024, aggregate future principal payments to the related party in reference to upcoming fiscal years are as follows:

Schedule of future principal payments

Year ended May 31, 2023	$	0
Year ended May 31, 2024	$	8,100
Year ended May 31, 2025	$	11,000
Year ended May 31, 2026	$	9,000
Thereafter	$	0

In addition to the above, as of period ended May 31, 2024, the Company’s sole officer and director advance the Company $12,958. This advance is interest free and is payable on demand.

NOTE 8 – NOTE PAYABLE – OTHERS

As of May 26, 2022, Company owes a note payable of $29,000 to a third party (Smarty Pants, LLC) against the purchase of an intangible property. This note is unsecured, bear 10% simple interest per annum and fully payable by 26th May, 2024. As of May 31, 2024, interest accrued over this note is $5,800.

As of May 31, 2024, aggregate future principal payments for this debt in reference to upcoming fiscal years are as follows:

Schedule of future principal payments

Year ended May 31, 2023	$	0
Year ended May 31, 2024	$	29,000
Thereafter	$	0

NOTE 9 – INCOME TAXES

The reconciliation of income tax benefit at the U.S. statutory rate of 21% for the period ended May 31, 2024 to the company’s effective tax rate is as follows:

Reconciliation of income taxes
Tax benefit at U.S. statutory rate	$	(17,465	)
Change in valuation allowance		17,465
Income tax expense	$	–

F-12

The tax effects of temporary differences that give rise to significant portions of the net deferred tax assets at May 31, 2024 are as follows:

Schedule of deferred tax assets
Deferred tax assets:
Net operating loss	$	(17,465	)
Valuation allowance		17,465
Deferred tax assets	$	–

The Company has approximately $83,165 of net operating losses (“NOL”) carried forward to offset taxable income, if any, in future years which expire in fiscal 2041. In assessing the realization of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. Based on the assessment, management has established a full valuation allowance against all of the deferred tax assets relating to NOLs for every period because it is more likely than not that all of the deferred tax asset will not be realized.

NOTE 10 – SUBSEQUENT EVENTS

The Company has evaluated other subsequent events till August 28, 2024, the date these financial statements were issued and has determined that there are no items to disclose.

F-13

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

On June 11, 2024, the Board of Directors of LAMY~~. (the~~ ~~“Company”)~~ approved the engagement of Boladale Lawal & Co (‘BLC’) as the Company’s independent ~~registered~~ registered public accounting firm for the fiscal year ended May 31, 2024, effective immediately, and dismissed Bush and Associates CPA (‘’Bush”) , as the Company’s independent registered public accounting firm.

Bush and Associates CPA never issued an audit opinion on our financial statements, and during the course of their engagement there were no disagreements with Bush and Associates CPA on any matters of accounting principles or practices, financial statement disclosure or auditing scope and procedures which, if not resolved to the satisfaction of With, would have caused Bush and Associates CPA to make reference to the matter in their audit opinion, if issued.

Item 9A. Controls and Procedures

~~None.~~Disclosure Controls and Procedures

Disclosure controls and procedures are designed to ensure that information required to be disclosed in the reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported, within the time period specified in the SEC’s rules and forms, and that such information is accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosures. Our management necessarily applied its judgment in assessing the costs and benefits of such controls and procedures, which, by their nature, can provide only reasonable assurance regarding management’s control objectives.

Our management, with the participation of our Chief Executive Officer, evaluated the effectiveness of the design and operation of our disclosure controls and procedures as of the end of the period covered by this Report. Based upon this evaluation, our Chief Executive Officer concluded that our disclosure controls and procedures were not effective because of the identification of a material weakness in our internal control over financial reporting which is described below.

Management’s Report on Internal Control Over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Rule 13a-15(f). Our internal control over financial reporting is a process designed to provide reasonable assurance to our management and board of directors regarding the reliability of financial reporting and the preparation of the financial statements for external purposes in accordance with U.S. GAAP.

Our internal control over financial reporting includes those policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. GAAP and our receipts and expenditures are being made only in accordance with authorizations of our management and directors; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of our assets that could have a material effect on our financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. All internal control systems, no matter how well designed, have inherent limitations, including the possibility of human error and the circumvention of overriding controls. Accordingly, even effective internal control over financial reporting can provide only reasonable assurance with respect to financial statement preparation. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

Our management assessed the effectiveness of our internal control over financial reporting as of May 31, 2025. In making this assessment, it used the criteria set forth by the Committee of Sponsoring Organizations of the Tread way Commission (“COSO”) in Internal Control-Integrated Framework (2013). Based on this evaluation, management concluded that that our internal control over financial reporting was not effective as of May 31, 2025. Our Chief Executive Officer concluded we have a material weakness due to lack of segregation of duties, a limited corporate governance structure, and a lack of a formal management review process over preparation of financial information. A material weakness is a deficiency, or a combination of control deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis.

Our size has prevented us from being able to employ sufficient resources to enable us to have an adequate level of supervision and segregation of duties within our system of internal control. Therefore, while there are some compensating controls in place, it is difficult to ensure effective segregation of accounting and financial reporting duties. Management reported the following material weaknesses:

	·	Lack of segregation of duties in certain accounting and financial reporting processes including the initiation, processing, recording and approval of disbursements;

	·	Our corporate governance responsibilities are performed by the Board of Directors, none of whom are independent under applicable standards; we do not have an audit committee or compensation committee. Our Board of Directors acts primarily by written consent without meetings which results in several of our corporate governance functions not being performed concurrent (or timely) with the underlying transactions, including evaluation of the application of accounting principles and disclosures.

	·	Certain reports that we prepare, and accounting and reporting conclusions reached in connection with the financial statement preparation process are not subjected to a formal review process that includes multiple levels of review and are not submitted timely to the Board of Directors for review or approval; and

While we strive to segregate duties as much as practicable, there is an insufficient volume of transactions at this point in time to justify additional full-time staff. We believe that this is typical in many development stage companies. We may not be able to fully remediate the material weakness until we commence operations at which time, we would expect to hire more staff. We will continue to monitor and assess the costs and benefits of additional staffing.

This Annual Report does not include an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management’s report was not subject to attestation by our registered public accounting firm pursuant to the SEC rules that permit us to provide only management’s report in this Annual Report.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal control over financial reporting that occurred during the quarter ended May 31, 2025, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Item 9B. Other Information

During the year ended May 31, ~~2024~~ 2025, no director or officer ~~adopted~~of orthe Company adopted or terminated a ~~any~~ “Rule 10b5-1 trading arrangement ” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

7Item 9C. Disclosures Regarding Foreign Jurisdictions that Prevent Inspections

~~PART~~Not ~~III~~Applicable.

~~Item 10. Directors, Executive Officers, Promoters and Control Persons of the Company~~8

~~DIRECTORS~~PART ~~AND EXECUTIVE OFFICERS~~III

~~The~~Item ~~name~~10. Directors, ~~address~~Executive ~~and~~Officers, ~~position~~Promoters ~~of our present officers~~ and ~~directors are~~Corporate ~~set forth below:~~Governance

Name and Address of Executive Officers and Director	Age	Position
Mr. Dwight Witmer	43	Founder CEO & CFO
Mr. Stephen Townsend	50	Chief Operations Officer

Directors of the Company are elected by the shareholders to a term of 1 (one) year and serve until a successor is elected and qualified. Officers of the corporation are appointed by the Board of Directors to a term of one year and serves until a successor is duly appointed and qualified, or until he or she is removed from office.

~~On March 15, 2023, Mr. Stephen~~Information ~~Townsend~~concerning ~~was~~our ~~appointed~~sole asexecutive ~~the~~officer ~~COO of LAMY. Biographical Information~~ and ~~Background~~director ofis ~~officer~~set ~~and~~forth ~~director~~below.

Mr. Dwight Witmer, CEO & CFO

Name and Address of Executive

Officer and/or Director

Age

Position

Shengwu Zhang

President, Chief Executive Officer, Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer, Secretary, Treasurer and Sole Director

~~Mr.~~Shengwu Zhang ~~Dwight~~has ~~Witmer~~held ~~has served~~his aspositions ~~the~~since ~~Company’s~~December ~~Director~~6, ~~Secretary~~2025, and ~~Treasurer~~is ~~since~~expected ~~its~~to ~~incorporation~~hold onthem ~~January~~until ~~31,~~the ~~2022. He~~next isannual anmeeting ~~internationally renowned~~of ~~and~~our ~~award-winning~~stockholders. ~~choreographer,~~Jiang Jian inis ~~residence~~currently ~~for~~the ~~Northern~~Sole ~~Ballet~~officer and ~~its~~Director ~~Artistic~~and ~~Director~~control person of ~~Digital~~Rapid Line Inc.

~~Professional~~Certain information ~~Background~~regarding ~~Information~~the ~~About~~background ~~our Director~~of Shengwu Zhang is set forth below.

~~QUALIFICATIONS~~Shengwu Zhang, has, since February 2020, served as CEO of Shanghai Jiuye Technology Group Co., Ltd., a China-based technology company. From February 2014 through February 2020, Mr. Zhang served as Director of Operations for Dalian Damao Surveying and Mapping Service Co., Ltd., a China-based surveying and mapping company. Until such time as the Company’s level of operations increases, Mr. Zhang will devote not less than 20 hours per week on the business of the Company.

·Committees ~~Diploma in~~of ~~Financial~~the ~~Planning – SPS Attained~~Board

·Our ~~Financial~~company ~~Planning~~currently ~~Certificate~~does 1not have nominating, 2compensation &or 3audit committees or committees performing similar functions, nor does our Company have a written nominating, compensation or audit committee charter. Our director believes that it is not necessary to have such committees, at this time, because the functions of such committees can be adequately performed by the sole director.

·Our ~~JO1~~company does ~~(Taxation)~~not have any defined policy or procedural requirements for shareholders to submit recommendations or nominations for Directors. The sole director believes that, given the stage of our development, a specific nominating policy would be premature and of little assistance until our business operations develop to a more advanced level. Our company does not currently have any specific or minimum criteria for the election of nominees to the sole director and we do not have any specific process or procedure for evaluating such nominees. The sole director, will assess all candidates, whether submitted by management or shareholders, and make recommendations for election or appointment.

·A ~~JO2~~shareholder who ~~(Trusts)~~wishes to communicate with our sole director may do so by directing a written request addressed to our sole director and officer, at the address appearing on the first page of this Annual Report.

~~· JO4 (Pension Funding)~~9

·Corporate ~~JO5 (Pension Income)~~Governance

·We ~~SV1~~promote accountability ~~(Savings~~for adherence to honest and ethical conduct; endeavors to provide full, fair, accurate, timely and understandable disclosure &in ~~Investments~~reports and documents that the Company files with the Securities and Exchange Commission (the SEC) and in other public communications made by our company and strives to be compliant with applicable governmental laws, rules and regulations. We have not, however, formally adopted a written code of business conduct and ethics that governs our employees, officers and directors, as our company is not required to do so.

·In ~~CF7~~lieu of ~~(Lifetime~~an Audit Committee, our sole director is responsible for reviewing and making recommendations concerning the selection of outside auditors, ~~Mortgages)~~reviewing the scope, results and effectiveness of the annual audit of our company’s financial statements and other services provided by our company’s independent public accountants. The sole director reviews our company's internal accounting controls, practices and policies.

·Insider ~~CF8~~Trading ~~(Long Term Care Planning)~~Policy

·We have ~~HR1~~not ~~(Home~~yet adopted insider trading policies and procedures, inasmuch as there is currently no trading in our common stock. ~~Reversion~~At ~~Plans)~~such time as trading in our common stock commences, we intend to adopt insider trading policies governing the purchase, sale and other dispositions of the our company’s securities by directors, officers and employees that are reasonably designed to promote compliance with insider trading laws, rules and regulations.

·Section ~~Mortgage~~16(a) Beneficial ~~Advice~~Ownership ~~Qualification~~Reporting ~~(MAQ)~~Compliance

~~· Diploma~~Section ~~for~~16(a) ~~Secondary~~of ~~Higher~~the ~~Education~~Securities (AExchange ~~Level~~Act ~~equivalent~~of 1934 requires our company’s officers and directors, and persons who own more than ten percent (10%) of a registered class of our company’s equity securities to file reports of ownership and changes in ownership with the SEC. Officers, ~~Graduated~~directors and greater than ten percent stockholders are required by SEC regulations to furnish us with ~~Honors~~copies of all Section 16(a) forms they file.

~~· University~~Based solely on our review of ~~Cambridge~~certain reports filed with the SEC pursuant to Section 16(a) of the Securities Exchange Act of 1934, ~~Certificate~~as ~~for~~amended, the ~~Proficiency~~reports required to be filed with respect to transactions in ~~English.~~our ~~Grade~~common Astock during the fiscal year ended May 31, 2025, were not timely.

·Code ~~State~~ of ~~Belgium,~~Business ~~Advanced Diploma for English Grade A~~Conduct

8We have not adopted a Code of Business Conduct within the meaning of Item 406(b) of Regulation S-K.

~~PROFESSIONAL~~Board ~~EXPERIENCE~~Committees

Company	Financial Advice Boutique
Dates	January 2014 – To Present
Occupation / Position Held	Independent Financial Adviser – Sustainable Finance - Director
Duties	Providing tailored independent financial planning and financing advice to individuals and small businesses, underpinned by social and environmental values.
Business Sector	Directly Authorized Independent Financial Adviser Firm
Company	Fairey Associates
Dates	April 2011 – August 2013
Occupation / Position Held	Independent Financial Adviser – Ethical Finance

We do not have any Board Committees.

Company	Positive Solutions
Dates	August 2009 – December 2010
Occupation / Position Held	Independent Financial Adviser

Code of Ethics

Company	St James’ Place Wealth Management
Dates	January 2007 – August 2009
Occupation / Position Held	Associate Partner

We have not yet adopted a code of ethics for our company.

Company	Bates Millfield
Dates	September 2004 – December 2006
Occupation/Position Held	Independent Financial Adviser
Company	Faber Callidus - Zurich Advice Network
Dates	September 2003 – August 2004
Occupation/ Position Held	Trainee Financial Adviser

Languages: English, Dutch, French, Spanish and German

Mr. Stephen Townsend, COO On March 15, 2023, the Board of Directors of LAMY (the “Company”) approved the appointment of Mr. Stephen Townsend as the Company’s Chief operations Officer.

Mr. Stephen Townsend is a finance specialist with over 20 years of experience. Starting as a trainee financial adviser within a large insurance company, he worked his way up through the ranks and qualifications to become a fully qualified Independent Financial Adviser until turning the focus on property finance. Over the years, Mr. Townsend has built up a wealth of knowledge and extensive contacts within the finance and credit market. As a result, he has the needed expertise in finance and real estate markets. He is an expert in complex credit of transnational and variable income streams, including unusual and novel property transactions. He also holds the necessary specialist qualifications in the equity markets.

LAMY’s Chief Executive Officer, Mr. Dwight Witmer, within the interest of the Company, is in good understanding of Mr. Townsend’s level of professional competence and thus finds it fitting for the executive position at LAMY.

Compliance with Section 16(a) of the Securities Exchange Act of 1934

Our common stock is in compliance pursuant to Section 12 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Accordingly, our officers, directors, and principal stockholders are in compliance with beneficial ownership reporting requirements of Section 16(a) of the Exchange Act.

Code of Ethics

We are in compliance to the code of ethics that may or may not apply to our officers and directors, or persons performing similar functions because.

Audit Committee

We are compliant with the provisions and requirements of an audit committee considering our start-up phase and emerging growth company status.

Director Nominees

We do not have a nominating committee. Our management plans to select individuals to stand for election as members of our board of directors. We are yet to finalize a policy with regard to the consideration of any director candidates recommended by our security holders. Our board has determined that it is in the best position to evaluate our company’s requirements as well as the qualifications of each candidate when it considers a nominee for a position on our board. If security holders wish to recommend candidates directly to our board, they may do so by communicating directly with our officers at the address specified on the cover of this registration statement.

Audit Committee and Audit Committee Financial Expert

We do not currently have an audit committee or a committee performing similar functions. The board of directors as a whole participates in the review of financial statements and disclosure.

Our board of directors has determined that it does not have a member of its audit committee that qualifies as an “audit committee financial expert” as defined in Item 407(d)(5)(ii) of Regulation S-K and is “independent” as the term is used in Item 7(d)(3)(iv) of Schedule 14A under the Securities Exchange Act of 1934, as amended.

SIGNIFICANT EMPLOYEES

Mr. Dwight Witmer, CEO of the Company, and Mr. Stephen Townsend, COO of the Company, are the two key employees.

Item 11. Executive Compensation

~~MANAGEMENT~~The ~~COMPENSATION~~following tables set forth certain information about compensation paid, earned, or accrued for services by our executive officers (collectively, the “Named Executive Officer”) for the years ended May 31, 2024 and 2025:

The following tables set forth certain information about compensation paid, earned, or accrued for services by our CEO and COO, and (collectively, the “Named Executive Officers”) for the year ended May 31, 2023 & 2024:

Summary Compensation Table

Name and Principal Position	Year Ended 5/31	Salary ($)	Bonus ($)	Stock Awards ($)	Option Awards ($)	Non-Equity Incentive Plan Compensation ($)	Nonqualified Deferred Compensation ($)	All Other Compensation ($)	Total ($)
Mr. Witmer, President CEO & CFO	2023 and 2024	-1-	-0-	-0-	-0-	-0-	-0-	-0-	-1-
Dwight Witmer Former President, CEO and CFO	2025 2024	-1- -1-	-0- -0-	-0- -0-	-0- -0-	-0- -0-	-0- -0-	-0- -0-	-1- -1-
Mr. Stephen Townsend EVC	2023 and 2024	-0-	-0-	2,500	-0-	-0-	-0-	-0-	-0-
Stephen Townsend Former EVC	2025 2024	-0- -0-	-0- -0-	2,500 -0-	-0- -0-	-0- -0-	-0- -0-	-0- -0-	-0- -0-
Shengwu Zhang(1) CEO & CFO	2025 2024	-0- -0-	-0- -0-	-0- -0-	-0- -0-	-0- -0-	-0- -0-	-0- -0-	-0- -0-

~~There~~(1) ~~are currently two employment agreements between the company and its officers~~Mr. ~~The~~Zhang ~~compensation~~did ~~discussed~~not ~~herein~~become ~~addresses~~an ~~all~~officer ~~compensation awarded~~of ~~to, earned by, or paid to~~ our ~~named executive officers cumulatively for the year 2023 and 2024. During the year 2024, no executive~~company ~~compensation~~until ~~was~~December ~~issued to the employees. The amount of 250~~6,~~000~~ ~~of the Company’s shares for the first 12 months are paid to Mr. Townsend for his employment at LAMY during the year 2023 while no compensation charged for~~ 2024. ~~There are currently no bonus allocations for the Company’s employees.~~

~~CHANGE~~We OFhave ~~CONTROL~~not entered into an employment agreement with Shengwu Zhang, the Company’s sole officer and director.

AsOutstanding ofEquity ~~May 31, 2024, we had no pension plans or compensatory plans or other arrangements that provide compensation in the event of a termination of employment or a change in our control.~~Awards

The table below reflects all outstanding equity awards made to each Named Executive Officer that were outstanding at May 31, 2025.

Name

Grant Date

Number of Securities Underlying Unexercised Options (#) Exercisable

Number of Securities Underlying Unexercised Options (#) Unexercisable

Option

Exercise Price

($)

Option Expiration

Date

Shengwu Zhang

–

Change of Control Agreement

As of the date of this Annual Report, we had no pension plans or compensatory plans or other arrangements that provide compensation in the event of a termination of employment or a change in our control.

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

The following table provides certain information regarding the ownership of our common stock, as of May 31, 2024 and as of the date of the filing of this annual report by:

	·	each of our executive officers;
	·	each director;
	·	each person known to us to own more than 5% of our outstanding common stock; and
	·	all of our executive officers and directors and as a group.

Title of Class	Name and Address of Beneficial Owner	Amount and Nature of Beneficial Ownership	Percentage(1)
Common Stock	~~Mr.~~Shengwu ~~Dwight Witmer~~Zhang	5,~~000~~250,000 shares of common stock	6467.51%
	201 Allen St.
	Unit 10104
	New York, NY 10002
Common Stock	Mr. Stephen Townsend	250,000 shares of common stock	3%
	201 Allen St.
	Unit 10104
	New York, NY 10002

~~The~~(1) ~~percentage~~Based ~~of class is based~~ on 7,777,000 shares of common stock issued and outstanding as of the date of this ~~annual~~Annual ~~report~~Report.

As of May 31, 2024 ~~& 2023~~, the Company ~~has~~ had accumulated advances from its former CEO ~~Mr.~~ Dwight Witmer in the amount of $12,958 ~~& $3,000 respectively~~. AsEffective ofDecember ~~May 31~~6, 2024, ~~& 2023 Note payable to~~ Mr. Witmer ~~stood~~forgave ~~at $28,1000 respectively. Interest accrued over these note payables is $5,278 and $2,522 as of May 31,~~all ~~2024~~indebted &owed ~~2023~~to ~~respectively~~him.

Item 14. Principal Accountant Fees and Services

The aggregate fees billed for the most recently completed fiscal year ended May 31, ~~2024~~2025 &and ~~2023~~2024, for professional services rendered by the principal accountants for the audits & assurance services were as follows:

	Year Ended
	May 31, 2024		May 31, 2023
	May 31, 2025		May 31, 2024
Audit Fees	$	36,000	$	93,~~950~~000
Audit Related Fees		–		–
Tax Fees		–		–
All Other Fees		–		–
Total	$	36,000	$	93,~~950~~000

Our board of directors pre-approves all services provided by our independent auditors. All of the above services and fees were reviewed and approved by the board of directors before the respective services were rendered.

Our board of directors has considered the nature and amount of fees billed by our independent auditors and believes that the provision of services for activities unrelated to the audit is compatible with maintaining our independent auditors’ independence.

PART IV

Item 15:. Exhibits, and Financial Statement Schedules

Financial Statements

~~See~~Please ~~Index~~see the index to the Company’s Financial Statements, atbeginning ~~Item~~on 8page ~~herein~~F-1 of this Annual Report.

Exhibits

The following documents (unless otherwise indicated) are filed herewith and made part of this registration statement.

Exhibit Number		Description
31.1 #	Certification of the Chief Executive Officer and Chief Financial Officer pursuant to Section 302 of Sarbanes-Oxley Act of 2002
23.1		Consent of Registered Public Accounting Firm
32.1 #	Certification of the Company’s Principal Executive Officer and Principal Financial Officer to Section 906 of the Sarbanes-Oxley Act of 2002
31		Rule 13a-14(a)/15d-14(a) Certification of Principal Executive Officer and Principal Financial Officer
101. INS	Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document)
32		Section 1350 Certification of Principal Executive Officer and Principal Financial Officer
101. SCH	Inline XBRL Taxonomy Extension Schema Document
101.INS		Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because XBRL tags are embedded within the Inline XBRL document.
101. CAL	Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.SCH		Inline XBRL Taxonomy Schema Document
101. DEF	Inline XBRL Taxonomy Extension Definition Linkbase Document
101.CAL		Inline XBRL Taxonomy Calculation Linkbase Document
101. LAB	Inline XBRL Taxonomy Extension Label Linkbase Document
101.DEF		Inline XBRL Taxonomy Definition Linkbase Document
101. PRE	Inline XBRL Taxonomy Extension Presentation Linkbase Document
101.LAB		Inline XBRL Taxonomy Label Linkbase Document
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)
101.PRE		Inline XBRL Taxonomy Presentation Linkbase Document
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

Item 16. Form 10-K Summary

None.

SIGNATURES

InPursuant to ~~accordance with~~ the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on October 17, 2025.

	LAMY
Dated: August 30, 2024	By: /s/ Dwight Witmer
	Mr. Dwight Witmer, Chief Executive Officer & Chief Financial Officer

LAMY

By:	/s/ Shengwu Zhang
	Shengwu Zhang
	Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated on October 17, 2025.

Signature		Title

/s/ Shengwu Zhang		Chief Executive Officer (Principal Executive Officer), President, Chief Financial Officer, Principal Financial Officer
Shengwu Zhang		and Principal Accounting Officer, Secretary and Sole Director

Report of Independent Registered Public Accounting Firm

To the Board of Directors and Stockholders of

LAMY

Opinion on the Financial Statements

We have audited the accompanying balance sheets of LAMY. (the ‘Company’) as of May 31, 2025 and 2024, and the related statements of operations, changes in stockholders’ (deficit) and cash flows for each of the two years in the period ended May 31, 2025 and 2024, and the related notes (collectively referred to as the “financial statements”).

In our opinion, the financial statements present fairly, in all material respects the financial position of the Company as of May 31, 2025 and 2024, and the results of its operations and its cash flows for each of the two years in the period ended May 31, 2025 and 2024, in conformity with accounting principles generally accepted in the United States of America.

Going Concern

The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2, the Company suffered an accumulated deficit of $(31,770), These matters raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans with regards to these matters are also described in Note 2 to the financial statements. These financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Basis for Opinion

Critical Audit Matters

Going Concern Uncertainty – See also Going Concern Uncertainty explanatory paragraph above

As described in Note 2 to the financial statements, the Company has accumulated losses from inception (January 31, 2022) to May 31, 2025 of $(31,770) and the Company has not yet established an ongoing source of revenue sufficient to cover its operating costs, also all the assets of the company was written off during the year ended. These factors among others raise substantial doubt about the ability of the company to continue as a going concern for a reasonable period of time.

The procedures performed to address the matter included:

	1.	We inquired of executive officers, and key members of management, of the Company regarding factors that would have an impact on the Company’s ability to continue as a going concern.
	2.	We performed testing procedures such as analytical procedures to identify conditions and events that indicate that there could be substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time.
	3.	We reviewed and evaluated management plan for dealing with adverse effects of these conditions and events
	4.	We assessed the possibility of raising additional debt or credit,
	5.	We obtained and reviewed the impairment assessment memo
	6.	We evaluated the completeness and accuracy of disclosures in the consolidated financial statements.

/S/ Boladale Lawal

BOLADALE LAWAL & CO.

(Chartered Accountants)

(PCAOB ID 6993)

Lagos, Nigeria

We have served as the Company’s auditor since 2024.

October 16, 2025

F-1

LAMY

BALANCE SHEETS

	MAY 31, 2025			MAY 31, 2024
ASSETS
Current Assets
Cash & cash equivalents	$	–		$	1,028
Accounts receivable		–			11,500
Interest receivable		–			436
Total current assets		–			12,964

Non-Current assets
Intangibles (net)		–			9,537
Equipment (net)		–			4,952
Total non-current assets		–			14,489

TOTAL ASSETS	$	–		$	27,453

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities
Accrued expenses	$	–		$	1,211
Advances from related parties		–			12,958
Total current liabilities		–			14,169

Non-Current Liabilities
Loans from related parties		–			18,100
Note payable – related party		–			10,000
Note payable – others		–			29,000
Accrued Interest		–			11,079
Total non-current liabilities		–			68,179

Total Liabilities		–			82,348

Stockholders’ Equity (Deficit)
Common stock, $0.0001 par value, 100,000,000 shares authorized; 7,777,000 shares issued and outstanding as of May 31, 2025 & 2024		778			778
Additional Paid-In-Capital		30,992			27,492
Accumulated Deficit		(31,770	)		(83,165	)
Total Stockholders’ equity (deficit)		–			(54,895	)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	$	–		$	27,453

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

F-2

LAMY

STATEMENT OF OPERATIONS

	YEAR ENDED MAY 31, 2025			YEAR ENDED MAY 31, 2024
Revenue	$	3,750		$	11,500
Cost of revenue		7,251			9,667
Gross Profit / (loss)		(3,501	)		1,833

Operating Expenses
Impairment Expenses		3,463			–
General and administrative expenses		28,380			28,076
Total Operating expenses		31,843			28,076

Other Income		86,739			436

Income (Loss) before provision for income taxes		51,395			(25,807	)

Provision for income taxes		–			–

Net income / (loss)	$	51,395		$	(25,807	)

Income (loss) per common share: Basic and diluted	$	(0.00	)	$	(0.00	)

Weighted Average Number of Common Shares Outstanding: Basic and diluted		7,777,000			7,777,000

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

F-3

LAMY

STATEMENT OF STOCKHOLDERS’ EQUITY (DEFICIT)

FOR THE YEAR ENDED MAY 31, 2025 AND MAY 31, 2023

	Number of Common Shares		Amount ($)		Additional Paid-In-Capital ($)		Accumulated Deficit ($)			Total ($)
Balances as of May 31, 2023		7,777,000		778		27,492		(57,358	)		(29,088	)
Net loss for the year		–		–		–		(25,807	)		(25,807	)
Balances as of May 31, 2024		7,777,000		778		27,492		(83,165	)		(54,895	)



Balances as of May 31, 2024		7,777,000		778		27,492		(83,165	)		(54,895	)
Additional Paid-In-Capital		–		–		3,500		–			3,500
Net Income / (loss) for the year		–		–				51,395			51,395
Balances as of May 31, 2025		7,777,000		778		30,992		(31,770	)		–

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

F-4

LAMY

STATEMENT OF CASH FLOWS

	YEAR ENDED MAY 31, 2025			YEAR ENDED MAY 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	51,395		$	(25,807	)
Adjustment as of non-cash items:
Depreciation		3,775			5,033
Amortization		7,251			9,667
Impairment expenses		3,463			–
Changes in operating assets and liabilities
Changes in other assets		(50,079	)		–
Increase in accounts receivable		11,500			(11,500	)
Increase in interest receivable		436			(436	)
Increase in accrued expenses		(1,211	)		601
Increase in advances from related parties		(31,058	)		9,958
Net cash provided by (used in) Operating activities		(4,528	)		(12,484	)

CASH FLOWS FROM INVESTING ACTIVITIES
Net cash provided by (used in) Investing activities		–			–

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from sale of common stock		–			–
APIC		3,500			–
Accrued Interest		–			5,657
Net cash provided by Financing activities		3,500			5,657

Increase (decrease) in cash and equivalents		(1,028	)		(6,827	)
Cash and equivalents at beginning of the period		1,028			7,855
Cash and equivalents at end of the period	$	–		$	1,028

Supplemental cash flow information:
Cash paid for:
Interest	$	–		$	–
Taxes	$	–		$	–

Non-cash investing and financing activities
Proceeds of loan from related party in exchange of asset	$	–		$	–
Proceeds from note payable against acquisition of intangibles	$	–		$	–

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

F-5

LAMY

NOTES TO THE AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED MAY 31, 2025

NOTE 1 – ORGANIZATION AND BUSINESS

The Company has adopted May 31 fiscal year end.

NOTE 2 – GOING CONCERN

The Company’s financial statements as of May 31, 2025, have been prepared using generally accepted accounting principles in the United States of America applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company has not yet established an ongoing source of revenue sufficient to cover its operating costs and allow it to continue as a going concern. The Company has accumulated loss from inception (January 31, 2022) to May 31, 2025 of $31,770. These factors among others raise substantial doubt about the ability of the company to continue as a going concern for a reasonable period of time.

NOTE 3 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America.

New Accounting Pronouncements

There were various accounting standards and interpretations issued recently, none of which are expected to a have a material impact on our financial position, operations or cash flows.

Cash and Cash Equivalents

For purposes of the statement of cash flows, the Company considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents.

F-6

Stock-Based Compensation

As of May 31, 2025, the Company has not issued any stock-based payments to its employees.

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

Use of Estimates and Assumptions

Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.

Fair Value of Financial Instruments

Income Taxes

Revenue Recognition

F-7

Revenue is recognized when the following criteria are met:

	·	Identification of the contract, or contracts, with customer;
	·	Identification of the performance obligations in the contract;
	·	Determination of the transaction price;
	·	Allocation of the transaction price to the performance obligations in the contract; and
	·	Recognition of revenue when, or as, we satisfy performance obligation.

Fixed Assets

Gains or losses arising from de-recognition of fixed assets are measured as the difference between the net disposal proceeds and the carrying amount of the assets derecognized.

The Company utilizes straight-line depreciation over the estimated useful life of the asset.

Office Equipment – 3 years

Earnings per Share

NOTE 4 – EQUIPMENT (NET)

Company acquired equipment as on May 25, 2022 for $15,100.

The Company depreciates its property using straight-line depreciation over the estimated useful life of 3 years.

From inception (January 31, 2022) through May 31, 2025 the company has recorded a total of $13,923 in depreciation expense, and write-off the balance of $1,177 in income statement.

F-8

NOTE 5 – INTANGIBLE ASSETS

From inception (January 31, 2022) through May 31, 2024 the company has recorded a total of $26,714 in amortization expense and write off the unamortized balance of $2,286 to the income statement.

NOTE 6 – CAPITAL STOCK

The Company has 100,000,000 shares of common stock authorized with a par value of $0.0001 per share.

In February 2022, the Company issued 5,000,000 shares of its common stock at $0.0001 per share for total proceeds of $500.

As of May 31, 2024 & 2025 the Company had 7,777,000 shares issued and outstanding respectively.

NOTE 7 – RELATED PARTY TRANSACTIONS

Since inception (January 31, 2022) through May 31, 2025 the Company’s sole officer and director contributed additional paid in capital to the Company.

NOTE 8 – NOTE PAYABLE – OTHERS

As of May 26, 2022, Company owes a note payable of $29,000 to a third party (Smarty Pants, LLC) against the purchase of an intangible property. This note is unsecured, bear 10% simple interest per annum and fully payable by 26^th May, 2024. As of May 31, 2025, interest accrued and this note has been written off.

NOTE 9 – INCOME TAXES

The reconciliation of income tax benefit at the U.S. statutory rate of 21% for the period ended May 31, 2025 to the company’s effective tax rate is as follows:

Reconciliation of income taxes
Tax benefit at U.S. statutory rate	$	(17,465	)
Change in valuation allowance		17,465
Income tax expense	$	–

F-9

The tax effects of temporary differences that give rise to significant portions of the net deferred tax assets at May 31, 2024 are as follows:

Schedule of deferred tax assets
Deferred tax assets:
Net operating loss	$	(17,465	)
Valuation allowance		17,465
Deferred tax assets	$	–

NOTE 10 – CHANGE IN CONTROL

Effective December 6, 2024, there occurred a change in control of the Company On such date, pursuant to two separate stock purchase agreements (the “Change-in-Control Agreements”), Zhang Shengwu acquired a total of 5,250,000 shares of the Company’s common stock (the “Acquired Shares”), 5,000,000 of the Acquired Shares from Dwight Witmer and 250,000 of the Acquired Shares from Stephen Townsend. The Acquired Shares represent approximately 67.51% of the outstanding shares of the Company’s common stock and constitute voting control of the Company.

The total consideration paid by Mr. Shengwu for the Acquired Shares was $335,910 in cash, $318,410 to Mr. Witmer and $17,500 to Mr. Townsend.

In conjunction with the Change-in-Control Agreements, on December 6, 2024, Dwight Witmer resigned as a Director, CEO, CFO and Secretary of the Company, Stephen Townsend resigned as a Director and COO of the Company and Zhang Shengwu was appointed as the Sole Director, President, Chief Executive Officer and Secretary of the Company.

NOTE 11 – SUBSEQUENT EVENTS

The Company has evaluated other subsequent events through October 16, 2025, the date these financial statements were issued and has determined that there are no items to disclose.

F-10

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