Company: SHPH
Filing Date: 2025-02-13
Form Type: S-1
Source: 0001493152-25-006202
Chunk: 25

Company: Shuttle Pharmaceuticals Holdings, Inc.
Filing Date: 2025-02-13
Form: S-1
Chunk 25
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 that our capital raise efforts have brought us back into compliance and will
also be required to show compliance upon the filing of our Quarterly Report on Form 10-Q for the period ending March 31, 2025.

While we aim to regain compliance with Nasdaq’s stockholders equity requirement, we nonetheless run the risk that our stock may be delisted if we fail to comply with Nasdaq listing requirements. In the event our common stock is delisted, we may seek to have our common stock quoted on an over-the-counter marketplace, such as on the OTCQX. The OTCQX is not a stock exchange, and if our common stock trades on the OTCQX rather than a securities exchange, there may be significantly less trading volume and analyst coverage of, and significantly less investor interest in, our common stock, which may lead to lower trading prices for our common stock.

| 14 |

Any potential delisting of our common stock from the Nasdaq may have materially adverse consequences to our stockholders, including:

| ● | a                                                                                                                                   
 reduced market price and liquidity with respect to our shares of common stock, which could make our ability to raise new investment 
 capital more difficult;                                                                                                             |
| ● | limited                                                                                                                             
 dissemination of market price of our common stock;                                                                                  |
| ● | limited                                                                                                                             
 news coverage;                                                                                                                      |
| ● | limited                                                                                                                             
 interest by investors in our common stock;                                                                                          |
| ● | volatility                                                                                                                          
 of the prices of our common stock, due to low trading volume;                                                                       |
| ● | our                                                                                                                                 
 common stock being considered a “penny stock,” which would result in broker-dealers participating in sales of our common            
 stock being subject to the regulations set forth in Rules 15g-2 through 15g-9 promulgated under the Exchange Act                    |
| ● | increased                                                                                                                           
 difficulty in selling our common stock in certain states due to “blue sky” restrictions; and                                        |
| ● | limited                                                                                                                             
 ability to issue additional securities or to secure additional financing.                                                           |

If you purchase our securities in this offering, you may experience future dilution as a result of future equity offerings or other equity issuances.

We may offer and issue additional shares of our common stock or other securities convertible into or exchangeable for our common stock in the future. We are generally not restricted from issuing additional securities, including shares of common stock, securities that are convertible into or exchangeable for, or that represent the right