Company: SXTPW
Filing Date: 2025-09-02
Form Type: DEFR14A
Source: 0001213900-25-082789
Chunk: 44

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-09-02
Form: DEFR14A
Chunk 44
---
 to employees, officers, directors, consultants and advisors (including pursuant to our equity compensation plan); expanding our business through the acquisition of other businesses and for other purposes. However, at present, we do not have any specific plans, arrangements, understandings or commitments for the additional shares that would become available. Accordingly, for these and other reasons, the Board believes that a Reverse Stock Split is in the best interests of us and our stockholders. A copy of the draft of the amendment to our Certificate of Incorporation providing for the Reverse Stock Split is attached hereto as Annex C. 30 Criteria to be Used for Determining Whether to Implement a Reverse Stock Split This proposal gives the Board the discretion to select a Reverse Stock Split ratio from within a range between and including 1:3 and 1:10 on a date selected by him based on his then-current assessment of the factors below, and in order to maximize Company and stockholder interests. In determining whether to implement the Reverse Stock Split, and which ratio to implement, if any, the Board may consider, among other factors:

| ● | 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 expected impact of the Reverse Stock Split on the trading market in the short- and long-term; |
| ● | the continued listing requirements for our common stock on Nasdaq or                                        
 other applicable exchanges, if then applicable;                                                             |
| ● | the number of shares of common stock outstanding;                                                           |
| ● | which Reverse Stock Split ratio would result in the least administrative                                    
 cost to us; and                                                                                             |
| ● | prevailing industry, market and economic conditions.                                                        |

Certain Risks and Potential Disadvantages Associated with a Reverse Stock Split The effect of a Reverse Stock Split on our stock price cannot be predicted with any certainty, and the history of reverse stock splits for other companies in various industries is varied, particularly since some investors may view a reverse stock split negatively. It is possible that our stock price after a Reverse Stock Split will not increase in the same proportion as the reduction in the number of shares outstanding, causing a reduction in our overall market capitalization. Further, even if we implement a Reverse Stock Split, our stock price may decline due to various factors, including our future performance and general industry, market and economic conditions. This percentage decline, as an absolute number and as a percentage of our overall market capitalization, may be greater than would occur in the