Company: JUNS
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023603
Chunk: 58

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 2
Chunk 58
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 the form of an Advance, will dilute the percentage ownership of our stockholders
and may dilute the per share projected earnings (if any) or book value of our Common Stock. Sales of a substantial number of shares of
our Common Stock in the public market or other issuances of shares of our Common Stock, or the perception that these sales or issuances
could occur, could cause the market price of our Common Stock to decline and may make it more difficult for you to sell your shares at
a time and price that you deem appropriate.

The
actual number of shares of Common Stock we will issue pursuant to the SEPA, if not terminated and if and when available, at any one time
or in total, is uncertain.

Subject
to certain conditions in the SEPA, if not terminated and if and when available, and subject to compliance with applicable law, we have
issued Convertible Notes to Yorkville, which may be converted into shares of our Common Stock at any time and from time to time during
the term of the Convertible Notes, and we may also issue additional shares of our Common Stock to Yorkville in connection with Advances
under the SEPA. The number of shares of Common Stock that are issued to Yorkville will fluctuate based on a number of factors. It is
not possible at this stage to predict the number of shares of Common Stock that will be ultimately issued pursuant to the SEPA, if not
terminated and if and when available.

Outstanding
amounts under the SEPA, if not terminated and if and when available, will make us more vulnerable to downturns in our financial condition,
and any shares of Common Stock we issue under the SEPA, if not terminated and if and when available, will further dilute our stockholders.

As
of the date of this Quarterly Statement on Form 10-Q, there are $4.0 million of Pre-Paid Advances outstanding under the SEPA, and there
may be additional amounts outstanding under the SEPA in the future. If our cash flow from operations is insufficient to meet our payments
under the SEPA, if not terminated and if and when available, or we are unable to offset amounts outstanding under the SEPA with the issuance
of shares of Common Stock, we would incur an event of default under the SEPA, in which case, all outstanding amounts would be immediately
due and payable. Any debt we incur from Yorkville or other parties could make us more vulnerable to a downturn in our operating results