Company: BFRG
Filing Date: 2025-09-16
Form Type: PRE 14A
Source: 0001493152-25-013736
Chunk: 16

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-09-16
Form: PRE 14A
Chunk 16
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The Board of Directors recommends that stockholders vote “For” the Issuance Proposal.Unless otherwise specified, the proxy will be voted “For” approval of Proposal No. 1.

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<div align='center'>PROPOSAL NO. 2

approve a reverse split of the Company’s common stock at a ratio of not less than 1-to-2 and not more than 1-to-15</div>

Summary

Our Board has unanimously approved a proposal to amend the Amended and Restated Articles of Incorporation of the Company (the “Articles of Incorporation”) to effect a reverse stock split (the “Reverse Stock Split”) of all of our outstanding shares of common stock by a ratio of not less than 1-2 and not more than 1-15, such ratio to be determined in the discretion of the Board (the “Exchange Ratio”). The proposal provides that our Board shall have sole discretion pursuant to Section 78.390 of the NRS to elect, as it determines to be in the Company’s best interests, including for the purpose of maintaining the listing of our common stock on the Nasdaq Capital Market (“Nasdaq”) and for increasing the liquidity and marketability of the Company’s common stock, whether or not to effect the Reverse Stock Split and the Exchange Ratio, as soon as practicable, and no later than the Expiration Date (as defined below). Should the Board proceed with the Reverse Stock Split, the exact ratio shall be set at a whole number within the range determined by our Board in its sole discretion. Our Board believes that the availability of alternative reverse stock split ratios will provide it with the flexibility to implement the Reverse Stock Split in a manner designed to maximize the anticipated benefits for the Company and its stockholders. In determining whether to implement the Reverse Stock Split following the receipt of stockholder approval, our Board may consider, among other things, factors such as:

| ● | the                                                                                         
 historical trading price and trading volume of our common stock;                            |
| ● | the                                                                                         
 then prevailing trading price and trading volume of our common stock and the anticipated    
 impact of the Reverse Stock Split on the trading market for our common stock;               |
| ● | our                                                                                         
 ability to have our shares of common stock remain listed on Nasdaq;                         |
| ● | the                                                                                         
 anticipated impact of the reverse stock split on our ability to raise additional financing; 
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| ● | prevailing                                                                                  
 market and economic conditions.                                                             |

If our Board determines