Company: JUNS
Filing Date: 2025-10-28
Form Type: PRER14A
Source: 0001493152-25-019793
Chunk: 74

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-10-28
Form: PRER14A
Chunk 74
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 time to time during the term of the Convertible Notes, at an initial fixed conversion
price of $1.50 per share, subject to adjustment as provided in the Convertible Notes (the “Fixed Price”), including
(i) standard proportionate antidilution adjustment in the event of any stock split, stock combination, stock dividend or other similar
transaction involving the Common Stock and (ii) certain “price protection” antidilution adjustment in the event of certain
“dilutive issuances” of Common Stock by the Company at prices deemed to be below the Fixed Price (with the exception of certain
“excluded issuances” set forth in the Convertible Notes), which would reduce the Fixed Price to the lowest price per share
at which the Common Stock is deemed to be issued by the Company in the dilutive issuance, but in no event below the absolute “Floor
Price” set forth in the Convertible Notes (which is subject to the standard proportionate antidilution adjustment as described
in (i) above). If an Event of Default (as such term is defined in the Convertible Notes) has occurred, Yorkville will then be entitled
to convert any portion of the Convertible Notes, or in the case of an Event of Default triggered by the failure of the Company to repay
any Installment Amount (defined below) due under the Convertible Notes by the applicable Installment Date (as defined below), any portion
of the outstanding and unpaid Installment Amount due under the Convertible Notes, into shares of Common Stock, at a conversion price
per share equal to the lower of (a) the Fixed Price then in effect and (b) a price per share equal to the product obtained by multiplying
(x) 0.95 by (y) the lowest daily VWAP during the 10 consecutive trading day-period immediately preceding the date of conversion (the
“Variable Price”), but which Variable Price shall not be lower than the Floor Price. Any conversion of outstanding
amounts under a Convertible Note made by Yorkville will have the effect of reducing the outstanding amount under such Convertible Note,
(i) first with respect to the amounts then due and payable by the Company under such Convertible Note and (ii) second with respect to
the amounts due and payable by the Company on the next succeeding Installment Date (as defined below), by the outstanding amount of the
Convertible Note so converted by Yorkville into shares of Common Stock.

Beginning on the 75th calendar day after October