Company: SXTPW
Filing Date: 2025-08-15
Form Type: PRE 14A
Source: 0001213900-25-077435
Chunk: 53

Company: 60 DEGREES PHARMACEUTICALS, INC.
Filing Date: 2025-08-15
Form: PRE 14A
Chunk 53
---
 when our stock trades below
$1.00 per share. By reducing market manipulation risk, we may also thereby potentially decrease the volatility of our stock price.

Providing us the Ability to Issue Additional Securities

A Reverse Stock Split is expected to increase
the number of authorized, but unissued and unreserved, shares of our common stock. These additional shares would provide flexibility to
us for raising capital; repurchasing debt; providing equity incentives to employees, officers, directors, consultants and advisors (including
pursuant to our equity compensation plan); expanding our business through the acquisition of other businesses and for other purposes.
However, at present, we do not have any specific plans, arrangements, understandings or commitments for the additional shares that would
become available.

Accordingly, for these and other reasons, the
Board believes that a Reverse Stock Split is in the best interests of us and our stockholders. A copy of the draft of the amendment to
our Certificate of Incorporation providing for the Reverse Stock Split is attached hereto as .

<div align='center'>30</div>

Criteria to be Used for Determining Whether to Implement a Reverse Stock Split

This proposal gives the Board the discretion to
select a Reverse Stock Split ratio from within a range between and including 1:3 and 1:10 on a date selected by him based on his then-current
assessment of the factors below, and in order to maximize Company and stockholder interests. In determining whether to implement the Reverse
Stock Split, and which ratio to implement, if any, the Board may consider, among other factors:

| ● | the historical trading price and trading volume of our common stock;                                                                                                           |
| ● | the then-prevailing trading price and trading volume of our common stock and the expected impact of the Reverse Stock Split on the trading market in the short- and long-term; |
| ● | the continued listing requirements for our common stock on Nasdaq or other applicable exchanges, if then applicable;                                                           |
| ● | the number of shares of common stock outstanding;                                                                                                                              |
| ● | which Reverse Stock Split ratio would result in the least administrative cost to us; and                                                                                       |
| ● | prevailing industry, market and economic conditions.                                                                                                                           |

Certain Risks and Potential Disadvantages Associated with a Reverse Stock Split

We cannot assure stockholders that the proposed
Reverse Stock Split will sufficiently increase our stock price or, that our stock will trade at a price that is equal to at least $1.00