Company: JUNS
Filing Date: 2025-10-28
Form Type: PRER14A
Source: 0001493152-25-019793
Chunk: 72

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-10-28
Form: PRER14A
Chunk 72
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 trading day during the applicable Pricing Period. The Company may elect, in its sole discretion,
to set forth a minimum acceptable price in each Advance Notice (each, a “Minimum Price”) or it may elect not to do
so. To the extent any such VWAP is excluded from the calculation of the per share purchase price for the shares of Common Stock to be
purchased by Yorkville under an Advance Notice, as described above, the total number of shares of Common Stock to be purchased by Yorkville
in the applicable Advance will be automatically reduced by one-third for each trading day during the applicable Pricing Period with respect
to which the VWAP is so excluded from the calculation of the applicable per share purchase price “VWAP” is defined in the
SEPA as the daily volume weighted average price of the Common Stock for such trading day on Nasdaq during regular trading hours as reported
by Bloomberg L.P. There is no upper limit on the price per share that Yorkville could be obligated to pay for the Common Stock the Company
may elect to sell to it in any Advance under the SEPA. The purchase price per share of Common Stock that the Company may elect to sell
to Yorkville in an Advance under the SEPA will be equitably adjusted for any stock split, stock combination, stock dividend or other
similar transaction involving the Common Stock occurring during the applicable Pricing Period for such Advance under the SEPA.

The Company will control the timing and amount
of any sales of Common Stock to Yorkville as an Advance under the SEPA. Actual sales of Common Stock to Yorkville as an Advance under
the SEPA will depend on a variety of factors to be determined by the Company, in its sole discretion, from time to time, which may include,
among other things, market conditions, the trading price of the Common Stock and determinations by the Company as to the appropriate
sources of funding for the Company’s business and operations.

In connection with the SEPA, and subject to the
conditions set forth therein, Yorkville has agreed to advance to the Company up to $6.0 million, less certain amounts as described below
(the “Pre-Paid Advance”), which will be paid in two tranches, in exchange for the Company’s issuance to Yorkville
of convertible promissory notes described below (each, a “Convertible Note” and, together, the “Convertible Notes”). The first Pre-Paid Advance in the amount of $3,720,000 was disbursed to the Company on October