SHAREHOLDERS' EQUITY (DEFICIT) (Tables)

9 Months Ended

Feb. 28, 2022

Equity [Abstract]

Schedule of Scenarios Weighted to Estimate the Fair Value of Common Stock

The Company weighted two different scenarios as follow:

Scenario

Scenario	Weight
Public Company scenario (“listing scenario”) through a traditional IPO	95	%
Remain a private Company scenario (“private scenario”)	5	%

Breakout of Service Providers Included in Share-Based Compensation Service Agreement and Shares Committed

Service Provider	Common Stock Shares Committed
ValueFinder	3,156,427
SparkPool	7,440,148
GMR	7,441,648
Total	18,038,223

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

Class of Stock	Option Pricing Fair Value		Weight
Common Stock	$	0.402	8	%
Conversion Price of Series C Shares	0.780		92	%
	$	0.750