Company: JUNS
Filing Date: 2025-11-26
Form Type: S-1
Source: 0001493152-25-025204
Chunk: 208

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-11-26
Form: S-1
Chunk 208
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olicies and Procedures for Related Party Transactions

Under Item 404 of SEC Regulation S-K, a related
person transaction is any actual or proposed transaction, arrangement or relationship or series of similar transactions, arrangements
or relationships, including those involving indebtedness not in the ordinary course of business, to which we or our subsidiaries were
or are a party, or in which we or our subsidiaries were or are a participant, in which the amount involved exceeded or exceeds the lesser
of $120,000 or 1% of the average of our total assets at year-end for the last two completed fiscal years and in which any of our directors,
nominees for director, executive officers, beneficial owners of more than 5% of any class of our voting securities, or any member of the
immediate family of any of the foregoing persons, had or will have a direct or indirect material interest.

We recognize that transactions between us and
any of our directors or executives or with a third party in which one of our officers, directors or significant stockholders has an interest
can present potential or actual conflicts of interest and create the appearance that our decisions are based on considerations other than
the best interests of our Company and stockholders.

The Audit Committee of the Board is charged with
responsibility for reviewing, approving and overseeing any transaction between the Company and any related person (as defined in Item
404 of Regulation S-K), including the propriety and ethical implications of any such transactions, as reported or disclosed to the Audit
Committee by the independent auditors, employees, officers, members of the Board or otherwise, and to determine whether the terms of the
transaction are not less favorable to us than could be obtained from an unaffiliated party

From time to time, we engage in transactions with
related parties. The following is a summary of the related party transactions since January 1, 2023 requiring disclosure pursuant to Item
404 of Regulation S-K.

Notes Payable, related party

The Company’s Chairman
of the Board and Chief Executive Officer (CEO) has loaned the Company working capital since inception. The balance of the loans to the
CEO as of September 30, 2025, December 31, 2024 and 2023 was $146,432, $146,432 and $358,479, respectively. The loan is due
on demand and accrues interest at 3% per year. Accrued interest relating to the loan was $4,350, $1,064