Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 1063

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 9C
Chunk 1063
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 share of Series A Preferred Stock.

(5)Based
                                            on information provided in a Schedule 13G filed on January 14, 2025 by Empery Asset Management,
                                            LP (“Empery”), Ryan M. Lane, and Martin D. Hoe, Empery and Messrs. Lane and Hoe
                                            have shared voting and dispositive power over 929,857 shares of common stock of the Company.
                                            Messrs. Lane and Hoe each disclaim beneficial ownership of the shares reported herein except
                                            to the extent of their pecuniary interests therein.

Securities
Authorized for Issuance under Equity Compensation Plans

General.
In November 2022, our Board of Directors adopted our 2022 Equity Incentive Plan (the “2022 Plan”) and the 2022 Plan was submitted
to our stockholders for approval. Our 2022 Plan became effective immediately on adoption. Our 2022 Plan replaces our previous incentive
plan. However, awards outstanding under our previous incentive plan will continue to be governed by their existing terms.

Share
Reserve. The number of shares of our common stock originally available for issuance under our 2022 Plan was 900,000 shares. Notwithstanding
the number of shares available for issuance, on the first day of each year commencing January 1, 2023, or the first business day of the
calendar year if the first day of the calendar year falls on a Saturday or Sunday, the number of shares eligible for awards under the
2022 Plan will automatically increase to an amount equal to 15% of the total number of shares of common stock outstanding as of December
31st of the preceding fiscal year. Accordingly, as of January 1, 2025, there were 603,456 shares available for issuance under
the 2022 Plan.

    Plan Category 
    Number
                                            of securities to be issued upon exercise of outstanding options, warrants and rights (a)  
    Weighted-average
                                            exercise price of outstanding options, warrants and rights (b)  
    Number of securities remaining available
    for future issuance under equity compensation plans (excluding securities reflected in column (a)) 
  
    Equity compensation plans approved by security holders 
     763,514  
    $4.04  
     150,682 
  
    Equity compensation plans not approved by security holders 
     747,376  
    $1.69  
     0 
  
    Total