Amesite Inc. (“Amesite OpCo”) entered into an agreement to acquire Lola One Acquisition Corporation (“Lola One”) on April 26, 2018. Under the terms of transaction, 4 million shares of Amesite OpCo’s Class A common stock issued and outstanding immediately prior to the closing of transaction were converted into 5.8 million shares of Lola One’s common stock after adjustments due to rounding for fractional shares. In connection with the transaction, Lola One completed the sale of 2.1 million shares of common stock in a private placement offering. As a result of the transaction, Amesite Inc. will change its name to Amesite Operating Company. Post completion, J. Michael Losh, Edward H. Frank, Richard Ogawa, and Anthony M. Barkett will be appointed as the Board of Directors of resulting company. Due The transaction is subject to the completion of all necessary due diligence by Amesite OpCo and Lola One, execution of lock-up agreements, approval of the Board of Directors of Amesite OpCo and Lola One, approval of the majority of the shareholders of Amesite OpCo, completion of private placement, and the approval of the shareholders of Lola One. Nimish Patel of Mitchell Silberberg & Knupp LLP acted as the legal advisor to Amesite and Lola One on the transaction. Anthony W. Epps of Dorsey & Whitney LLP acted as the legal advisor to Ogawa Professional Corporation, a shareholder of Amesite. Terence M. Kelly, Cara Frisbie, Lisa Jackson, Jamie Klang and Chris Koa of Dorsey & Whitney LLP acted as legal advisor to Amesite Inc. Amesite Inc. completed the acquisition of Lola One Acquisition Corporation on April 27, 2018.