Company: SXTPW
Filing Date: 2025-03-27
Form Type: S-1/A
Source: 0001013762-25-003353
Chunk: 200

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-03-27
Form: S-1/A
Chunk 200
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blank check” Series A Preferred Stock. As of March 27, 2025, 1,472,891 shares of common stock were issued and outstanding and held by 21 stockholders of record. Common Stock The holders of our common stock are entitled to the following rights: Voting Rights. Each share of our common stock entitles its holder to one vote per share on all matters to be voted or consented upon by the stockholders. Dividend Rights. Subject to limitations under Delaware law, holders of our common stock are entitled to receive ratably such dividends or other distributions, if any, as may be declared by our Board out of funds legally available therefor. Liquidation Rights. In the event of liquidation, dissolution or winding up of our business, the holders of our common stock are entitled to share ratably in the assets available for distribution after the payment of all of our debts and other liabilities. 123 Other Matters. The holders of our common stock have no subscription, redemption or conversion privileges; in addition, such common stock does not entitle its holders to pre-emptive rights. All of the outstanding shares of our common stock are fully paid and non-assessable. Section 203 of the Delaware General Corporation Law We are subject to the provisions of Section 203 of the DGCL regulating corporate takeovers. This statute prevents certain Delaware corporations, under certain circumstances, from engaging in a “business combination” with:

| ● | a stockholder who owns                                                                        
 15% or more of our outstanding voting stock (otherwise known as an “interested stockholder”); |

| ● | an affiliate of an interested 
 stockholder; or               |

| ● | an associate of an interested                                                                          
 stockholder, for three years following the date that the stockholder became an interested stockholder. |

A “business combination” includes a merger or sale of more than 10% of our assets. However, the above provisions of Section 203 do not apply if:

| ● | our Board approves the                                                                                      
 transaction that made the stockholder an “interested stockholder,” prior to the date of the transaction; or |

| ● | after the completion of                                                                                                                
 the transaction that resulted in the stockholder becoming an interested stockholder, that stockholder owned at least 85% of our voting 
 stock outstanding at the time the transaction commenced, other than statutorily excluded shares of common stock.                       |

Potential Effects of Authorized but Unissued Stock Our shares of common and preferred stock are available for future