Company: SXTPW
Filing Date: 2025-02-11
Form Type: SCHEDULE 13G
Source: 0001213900-25-012260
Chunk: 1

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-02-11
Form: SCHEDULE 13G
Chunk 1
---
 Persons may have been deemed to have beneficial ownership of 386,792 shares of Common Stock issuable upon exercise of Intracoastal Warrant 5, and all such shares of Common Stock represented beneficial ownership of approximately 4.99% of the Common Stock, based on (1) 5,861,054 shares of Common Stock outstanding as of February 5, 2025, as reported by the Issuer, plus (2) 1,503,500 shares of Common Stock in the aggregate issued at the closing of transaction contemplated by the SPA and (3) 386,792 shares of Common Stock issuable upon exercise of Intracoastal Warrant 5. The foregoing excludes (I) 375,875 shares of Common Stock issuable upon exercise of Intracoastal Warrant 1 because Intracoastal Warrant 1 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 1 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock, (II) 833 shares of Common Stock issuable upon exercise of Intracoastal Warrant 2 because Intracoastal Warrant 2 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 2 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock, (III) 833 shares of Common Stock issuable upon exercise of Intracoastal Warrant 3 because Intracoastal Warrant 3 contains a blocker provision under which the holder thereof does not have the right to exercise Intracoastal Warrant 3 to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock, (IV) 833 shares of Common Stock issuable upon exercise