Company: JUNS
Filing Date: 2025-11-07
Form Type: DEFA14A
Source: 0001493152-25-021317
Chunk: 3

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-11-07
Form: DEFA14A
Chunk 3
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 share, and we are able to issue 6,855,459 shares of our Common Stock without exceeding the Exchange Cap.

Until this Proposal No. 5 is approved by our
stockholders, Yorkville may not purchase more than 6,855,459 of Common Stock pursuant to the
SEPA (which includes shares of Comon Stock issuable upon conversion of the Convertible Notes), representing 19.99% of the shares of Common
Stock outstanding as of the date of entry into the SEPA, which number shall be reduced, on a share-for-share basis, by the number of shares
issued or issuable pursuant to any transaction or series of transactions that may be aggregated with the SEPA under Nasdaq’s rules
(the “Exchange Cap”). Stockholder approval of this Proposal No. 5 will constitute stockholder approval for purposes
of Nasdaq Listing Rules 5635(b) and 5635(d).

Page 47: In Proposal No. 5, the percentage
reflecting the number of issued and outstanding shares at the time of the execution of the Standby Equity Purchase Agreement with YA II
PN, Ltd. is amended and restated in the following paragraph to read as follows (corrections are marked, with new text bold and underlined,
and deleted text stricken through):

For example, if the fixed conversion priced of
the First Convertible Note were to be adjusted down to the absolute Floor Price of $0.296 under the terms of the First Convertible Note,
and the full principal amount (without adding any accrued interest or other amounts payable thereunder) under the First Convertible Note
were to be converted into shares of Common Stock at such absolute Floor Price, the number of shares issuable upon such conversion would
be 13,513,514 shares of Common Stock, or 39.3% of the issued and outstanding shares at the time of
the execution of the SEPA (an additional 10,846,847 shares compared to the number of shares issuable upon conversion at $1.50 per share).
Furthermore, if the fixed conversion price of the Second Convertible Note were to be adjusted down to the absolute Floor Price of $0.296
under the terms of the Second Convertible Note, and the full principal amount (without adding any accrued interest or other amounts payable
thereunder) under the Second Convertible Note were to be converted into shares of Common Stock at such absolute Floor Price, the number
of shares issuable upon such conversion would be