Company: AEMD
Filing Date: 2025-04-08
Form Type: PRE 14A
Source: 0001683168-25-002332
Chunk: 26

Company: AETHLON MEDICAL INC
Filing Date: 2025-04-08
Form: PRE 14A
Chunk 26
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 place by us for registered stockholders. If you hold your shares with such a bank, broker
or other nominee and if you have questions in this regard, you are encouraged to contact your nominee.

If this Proposal 1 is approved by our stockholders
and our Board of Directors elects to implement a Reverse Stock Split or our Board of Directors otherwise elects to implement a reverse
split of our common stock without stockholder approval, as permitted under NRS 78.207, stockholders of record holding some or all of their
shares in certificate form will receive a letter of transmittal from Aethlon Medical or its exchange agent, as soon as practicable after
the effective time of the Reverse Stock Split. Our transfer agent is expected to act as “exchange agent” for the purpose of
implementing the exchange of stock certificates. Holders of pre-Reverse Stock Split shares will be asked to surrender to the exchange
agent certificates representing pre-Reverse Stock Split shares in exchange for post-Reverse Stock Split shares in accordance with the
procedures to be set forth in the letter of transmittal. No new post-Reverse Stock Split share certificates will be issued to a stockholder
until such stockholder has surrendered such stockholder’s outstanding certificate(s) together with the properly completed and executed
letter of transmittal to the exchange agent.

STOCKHOLDERS SHOULD NOT DESTROY ANY PRE-SPLIT STOCK
CERTIFICATE AND SHOULD NOT SUBMIT ANY CERTIFICATES UNLESS AND UNTIL THEY ARE REQUESTED TO DO SO.

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Accounting Consequences

The par value per share of our common stock would
remain unchanged at $0.001 per share after any Reverse Stock Split. As a result, on the Effective Time, the stated capital on our balance
sheet attributable to the common stock would be reduced proportionally, based on the actual Reverse Stock Split ratio, from its present
amount, and the additional paid-in capital account would be credited with the amount by which the stated capital would be reduced.
The net income or loss per share of common stock would be increased because there would be fewer shares of common stock outstanding. The
Reverse Stock Split would be reflected retroactively and prospectively in our consolidated financial statements. We do not anticipate
that any other accounting consequences would arise as a result of any Reverse Stock Split.

No Dissenter’s or Appraisal Rights

Our stockholders are not entitled to dissenter’s
or appraisal rights under the NRS with respect to the proposed