Company: SXTPW
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003343
Chunk: 1085

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 4
Chunk 1085
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December 31, 2025.

Issuance
of Notes

On May 14, 2020, we issued the Note to the U.S.
Small Business Administration with a principal amount of $150,000 and a per annum interest rate of 3.75%.

On May 19, 2022, we issued the Convertible Promissory
Note to Geoffrey Dow, as assigned to the Geoffrey S. Dow Revocable Trust dated August 27, 2018 (the “Dow Note”), in the amount
of $44,444.44 and a per annum interest rate of 6%. Immediately prior to the closing of our initial public offering, the balance of the
Dow Note converted at a price equal to 80% of the IPO price.

On May 19, 2022, we issued the Mountjoy Note
in the amount of $294,444.42 and a per annum interest rate of 6%. Immediately prior to the closing of our initial public offering, the
balance of the Mountjoy Note converted at a price equal to 80% of the IPO price.

On May 24, 2022, we issued the Bigger Capital
Fund Note in the amount of $333,333.30 to Bigger Capital Fund, LP. On the date of the pricing of our initial public offering, we delivered
to Bigger Capital Fund, LP shares of our common stock equal to the number of shares of common stock calculated using a share price of
the IPO price.

On May 24, 2022, we issued the Cavalry Investment
Fund Note in the amount of $277,777.78 to Cavalry Investment Fund, LP. On the date of the pricing of our initial public offering, we
delivered to Cavalry Investment Fund, LP shares of our common stock equal to the number of shares of common stock calculated using a
share price of the IPO price.

43

On May 24, 2022, we issued the Walleye Note in
the amount of $277,777.78 to Walleye Opportunities Master Fund Ltd. On the date of the pricing of our initial public offering, we delivered
to Walleye Opportunities Master Fund Ltd shares of our common stock equal to the number of shares of common stock calculated using a
share price of the IPO price.

On May 8, 2023, we issued the Cyberbahn Note
in the amount of $111,111.10 to