Company: BFRG
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023560
Chunk: 51

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 8
Chunk 51
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 anti-dilution provision in the warrants
                                            resulting in a deemed dividend of $28,211.

●In
                                            October 2024, 702,398 pre-funded warrants with an exercise price of $0.0001 per share. The
                                            pre-funded warrants were exercised in their entirety in cashless exercise transactions as of March
                                            31, 2025, pursuant to which 702,373 shares of common stock were issued. 

●In
                                            October 2024, 62,600 warrants with an exercise price of $2.00 per share and an expiration
                                            date 5.5 years from issuance to the placement agent. The warrants were valued at approximately
                                            $116,436 and, as of June 30, 2025, none of these warrants have been exercised.

Warrants
Issued as Consideration for Services

The
following table summarizes the activity for warrants issued as consideration for services for the six months ended June 30, 2025 and
2024:

  Schedule
of Warrant Activity 

    Number of Warrants  
    Weighted-Average Exercise Price  
    Weighted-Average Remaining Contractual Term (Years)  
    Aggregate Intrinsic Value 
  
    Outstanding at December 31, 2024 
     663,891  
    $   1.55  
        5.6  
    $548,380 
  
    Granted 
     -  
    $-  

    Exercised 
     -  
    $-  

    Forfeited / canceled 
     -  
    $-  

    Outstanding at June 30, 2025 
     663,891  
    $1.55  
     5.1  
    $413,980 
  
    Vested at June 30, 2025 
     663,891  
    $1.55  
     5.1  
    $413,980 

    Number of Warrants  
    Weighted-Average Exercise Price  
    Weighted-Average Remaining Contractual Term (Years)  
    Aggregate Intrinsic Value 
  
    Outstanding at December 31, 2023 
     678,176  
    $   1.57  
        6.6  
    $1,209,136 
  
    Granted 
     -