Company: PTPI
Filing Date: 2025-03-18
Form Type: DEF 14A
Source: 0001104659-25-025104
Chunk: 20

Company: Petros Pharmaceuticals, Inc.
Filing Date: 2025-03-18
Form: DEF 14A
Chunk 20
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Mr. Khatri each disclaim any beneficial ownership of these shares. The address of Ayrton Capital LLC is 55 Post Rd West, 2nd Floor,
Westport, CT 06880.

(4) Based on a Schedule 13G/A jointly filed on February 26,
2025, by Richard Abbe (“Mr. Abbe”), Kimberly Page (“Ms. Page”) and Iroquois Capital Management
L.L.C. and on certain information made available to the Company. The securities reported herein are directly held by Iroquois Capital
Investment Group LLC (“ICIG”) and Iroquois Master Fund, Ltd (“IMF”). Represents (i) 2,500,000 shares of
Common Stock, (ii) 20,040,642 shares of Common Stock issuable upon exercise of certain warrants that were exercisable as of the
Record Date or will be exercisable within 60 days thereafter (subject to a 9.99% beneficial ownership blocker), (iii) 16,666,668
shares of Common Stock issuable upon exercise of the Pre-Funded Warrants (subject to a 9.99% beneficial ownership blocker), and (iv) 182.63
shares of Series A Preferred Stock, convertible into up to approximately 760,957 shares of Common Stock within 60 days of the Record
Date (subject to a 4.99% beneficial ownership blocker).

Iroquois Capital Management L.L.C.
(“ICM”) is the investment manager of IMF. ICM has voting control and investment discretion over securities held by IMF.
As Managing Members of ICM, Richard Abbe and Kimberly Page make voting and investment decisions on behalf of ICM in its
capacity as investment manager to IMF. As a result of the foregoing, Mr. Abbe and Mrs. Page may be deemed to have
beneficial ownership (as determined under Section 13(d) of the Securities Exchange Act of 1934, as amended) of the
securities held by ICM and IMF. Mr. Abbe is the managing member of ICIG. Mr. Abbe has sole voting control and investment
discretion over securities held by ICIG. As such, Mr. Abbe may be deemed to be the beneficial owner (as determined under
Section 13(d) of the Securities Exchange Act of 1934, as amended) of the securities held by ICIG. The address for each of
IMF and ICIG