Company: ARTL
Filing Date: 2025-09-05
Form Type: 424B5
Source: 0001640334-25-001629
Chunk: 31

Company: ARTELO BIOSCIENCES, INC.
Filing Date: 2025-09-05
Form: 424B5
Chunk 31
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 be underwriting compensation under its rule of fair price.

| S-19 |

Commissions and Discounts

The underwriting commission and discount is equal to the public offering price per share, less the amount paid by the underwriter to us per share. The underwriting discount was determined through an arms length negotiation between us and the underwriter.

The following table shows the price and total underwriting discounts and commissions to be paid to the underwriter. Such amounts are shown assuming both no exercise and full exercise of the underwriter’s option to purchase additional shares of common stock.

|                                  |     | Per  Share of Common Stock |       |     | Per  Pre-funded Warrant |       |     | Total with  no Over-Allotment |              |     | Total with  Over-Allotment |              |
|:---------------------------------|:----|:---------------------------|------:|:----|:------------------------|------:|:----|:------------------------------|-------------:|:----|:---------------------------|-------------:|
| Public offering price            |     | $                          | 4.400 |     | $                       | 4.399 |     | $                             | 2,999,958.31 |     | $                          | 3,449,955.11 |
| Underwriting discount (7%)       |     | $                          | 0.308 |     | $                       | 0.308 |     | $                             |   209,999.94 |     | $                          |   241,499.72 |
| Proceeds, before expenses, to us |     | $                          | 4.092 |     | $                       | 4.091 |     | $                             | 2,789,958.37 |     | $                          | 3,208,455.39 |

Expenses

We have agreed to pay or reimburse the underwriter for certain of its out-of-pocket expenses relating to the offering, including up to $100,000 for the fees and expenses of the underwriter’s outside legal counsel, the underwriter’s actual accountable “road show” expenses for the offering, the costs associated with receiving commemorative mementos and lucite tombstones, the costs of the underwriter’s use of book-building, prospectus tracking and compliance software, and fees, expenses and disbursements relating to background checks of our officers and directors. We estimate that our total expenses of the offering, excluding underwriting discounts and commissions, will be approximately