Company: AEMD
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001683168-25-002685
Chunk: 27

Company: AETHLON MEDICAL INC
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 27
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holders

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 all of their shares
of our common stock electronically in book-entry form under the direct registration system for securities will be automatically exchanged
by the exchange agent and will receive a transaction statement at their address of record indicating the number of new post-split shares
of our common stock they hold after the Reverse Stock Split. Non-registered stockholders holding common stock through a bank,
broker or other nominee should note that such banks, brokers or other nominees may have different procedures for processing the Reverse
Stock Split than those that would be put in 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 $