Company: PTPI
Filing Date: 2025-03-07
Form Type: PRE 14A
Source: 0001104659-25-021794
Chunk: 19

Company: Petros Pharmaceuticals, Inc.
Filing Date: 2025-03-07
Form: PRE 14A
Chunk 19
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 and Iroquois Master Fund, Ltd (“IMF”). Represents (i) 2,500,000 shares of
Common Stock, (ii) 20,040,642 shares of Common Stock issuable upon exercise of certain warrants that were exercisable as of the
Record Date or will be exercisable within 60 days thereafter (subject to a 9.99% beneficial ownership blocker), (iii) 16,666,668
shares of Common Stock issuable upon exercise of the Pre-Funded Warrants (subject to a 9.99% beneficial ownership blocker), and (iv) 182.63
shares of Series A Preferred Stock, convertible into up to approximately 760,957 shares of Common Stock within 60 days of the Record
Date (subject to a 4.99% beneficial ownership blocker).

Iroquois Capital Management L.L.C.
(“ICM”) is the investment manager of IMF. ICM has voting control and investment discretion over securities held by IMF.
As Managing Members of ICM, Richard Abbe and Kimberly Page make voting and investment decisions on behalf of ICM in its
capacity as investment manager to IMF. As a result of the foregoing, Mr. Abbe and Mrs. Page may be deemed to have
beneficial ownership (as determined under Section 13(d) of the Securities Exchange Act of 1934, as amended) of the
securities held by ICM and IMF. Mr. Abbe is the managing member of ICIG. Mr. Abbe has sole voting control and investment
discretion over securities held by ICIG. As such, Mr. Abbe may be deemed to be the beneficial owner (as determined under
Section 13(d) of the Securities Exchange Act of 1934, as amended) of the securities held by ICIG. The address for each of
IMF and ICIG is 2 Overhill Road, Suite 400, Scarsdale, NY 10583.

(5)Based
on certain information made available to the Company and on the Schedule 13G/A filed jointly with the SEC on November 13, 2024,
by Mitchell P. Kopin, Daniel B. Asher and Intracoastal Capital LLC (“Intracoastal”). Represents (i) 14,583,338 shares
of Common Stock issuable upon exercise of certain warrants that were exercisable as of the Record Date or will be exercisable within
60 days thereafter (with certain