Company: BFRG
Filing Date: 2025-09-16
Form Type: 8-K
Source: 0001493152-25-013729
Chunk: 3

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-09-16
Form: 8-K
Item: Item 1.01
Chunk 3
---
 Lincoln Park has agreed not to engage in or effect, directly or indirectly,
for its own principal account or for the principal account of any of its affiliates, any short sales of the Common Stock or hedging transaction
that establishes a net short position in the Common Stock during the term of the Purchase Agreement.

Pursuant
to the terms of the Purchase Agreement, the Company will issue 147,682 shares of Common Stock (the “ Commitment Shares”)
to Lincoln Park as consideration for its commitment to purchase shares of Common Stock under the Purchase Agreement.

The
Purchase Agreement and the Registration Rights Agreement contain customary representations, warranties, conditions and indemnification
obligations of the parties. The Company has the right to terminate the Purchase Agreement at any time with one business day notice, at
no cost or penalty. Following the Commencement Date, if any “ Suspension Event”, as defined in the Purchase Agreement, occurs,
Lincoln Park does not have the right to terminate the Purchase Agreement; however, the Company may not initiate any regular or other
purchase of shares by Lincoln Park, until such Suspension Event is cured.

The
foregoing descriptions of the Purchase Agreement and the Registration Rights Agreement are summaries and are qualified in their entirety
by reference to the full texts of the Purchase Agreement and Registration Rights Agreement, which are filed as Exhibits 10.1 and 10.2,
respectively, to this Current Report on Form 8-K and incorporated herein by reference. The representations, warranties and covenants
contained in such agreements were made only for purposes of such agreements and as of specific dates, were solely for the benefit of
the parties to such agreements and may be subject to limitations agreed upon by the contracting parties.

This
current report on Form 8-K shall not constitute an offer to sell or a solicitation of an offer to buy any shares of common stock in any
state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the
securities laws of any such state or other jurisdiction.