Company: ARTL
Filing Date: 2025-07-11
Form Type: S-1
Source: 0001640334-25-001190
Chunk: 12

Company: ARTELO BIOSCIENCES, INC.
Filing Date: 2025-07-11
Form: S-1
Chunk 12
---
 to sell your shares of our securities. |
|                                            | · | Shares of our Common Stock that have not been registered under federal securities laws are subject to resale restrictions imposed by Rule 144, including those set forth in Rule 144(i) which apply to a former “shell company.”                                                                                                                    |
|                                            | · | Sales of our currently issued and outstanding stock may become freely tradable pursuant to Rule 144 and sales of such shares may have a depressive effect on the share price of its Common Stock.                                                                                                                                                   |

| 5 |

| Private Placement   On June 24, 2025, the Company entered into a securities purchase agreement (the “Purchase Agreement”) with certain accredited investors for the issuance and sale in the Private Placement of (i) 136,843 shares of Common Stock, (ii) Pre-Funded Warrants to purchase up to 93,180 shares of Common Stock, at an exercise price of $0.001 per share, and (iii) $5.82 Warrants to purchase up to 460,046 shares of Common Stock, at an exercise price of $5.82 per share, and (iv) and (ii) $10.00 Warrants to purchase 230,023 shares of Common Stock at an exercise price of $10.00 per share. The Private Placement was priced at the market on June 24, 2025 and closed on June 26, 2025. Each Share or, in lieu of Shares, each Pre-Funded Warrant, was issued and sold in the Private Placement along with two (2) $5.82 Warrants and one (1) $10.00 Warrant. The combined purchase price for the securities was (i) $6.195 per Share of Common Stock and three accompanying Warrants and (ii) $6.194 per Pre-Funded Warrant and three accompanying Warrants.    The Pre-Funded Warrants are exercisable immediately and may be exercised at any time until all of the Pre-Funded Warrants are exercised in full, subject to the Beneficial Ownership Limitation described below. The $5.82 Warrants and $10.00 Warrants are exercisable immediately and have a term of exercise equal to five (5) years from June 26, 2025, subject to the Beneficial Ownership Limitation described below.   The Warrants may only be exercised on a cashless basis if there is no registration statement registering, or the prospectus contained therein is not available for