Company: JUNS
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001261
Chunk: 342

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 10
Chunk 342
---
c) 
  
    Equity compensation plans approved by security holders 
     
    8,311,224  
    $
                0.94  
     
    5,849,061 
  
    Equity compensation plans not approved by security holders 
     
    5,308,303  
     
    1.20  
     
    0 
  
    Total 
     
    13,619,527  
    $
    1.04  
     
    5,849,061 

The
Company’s stockholders approved the 2016 Equity Incentive Plan (“2016 Plan”) on January 4, 2016. Under the 2016 Plan,
as modified, 8,437,500 shares of common stock are authorized for issuance to employees, officers, directors, consultants. The 2016 Plan
authorizes the grant of nonqualified stock options and incentive stock options, restricted stock awards, restricted stock units, stock
appreciation rights, under the 2016 Plan. The Company does not intend to make any additional grants under the 2016 Plan.

The
Board of Directors and stockholders of the Company approved the 2021 Equity Incentive Plan (the “2021 Plan”) on September
17, 2021. Under the 2021 Plan, 1,125,000 shares of common stock were initially authorized for issuance to employees, directors and independent
contractors (except those performing services in connection with the offer or sale of the Company’s securities in a capital raising
transaction, or promoting or maintaining a market for the Company’s securities) of the Company or its subsidiaries. The 2021 Plan
authorizes equity-based and cash-based incentives for participants. On July 22, 2022, the Board of Directors increased the shares authorized
for issuance pursuant to the 2021 Plan to 1,710,000. The Company does not intend to make any grants under the 2021 Plan.

The
Board of Directors and stockholders of the Company approved the 2023 Plan on October 4, 2023. Under the 2023 Plan, 4,012,785 shares of
common stock were authorized for issuance to employees, directors and independent contractors (except those performing services in connection
with the offer or sale of the Company’s securities in a capital raising transaction, or promoting or maintaining a market for the
Company’s securities) of the