Company: JUNS
Filing Date: 2025-11-06
Form Type: DEF 14A
Source: 0001493152-25-020988
Chunk: 74

Company: JUPITER NEUROSCIENCES, INC.
Filing Date: 2025-11-06
Form: DEF 14A
Chunk 74
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 the SEPA, and the timing of any such sales, are at the Company’s
option, and the Company is under no obligation to sell any shares of Common Stock to Yorkville under the SEPA.

Upon the satisfaction of the conditions to Yorkville’s
purchase obligation set forth in the SEPA, which include, among other things, having a registration statement registering under the Securities
Act of 1933, as amended (the “Securities Act”), the resale of the shares of Common Stock issuable under the SEPA (the
“Registration Statement”) declared effective by the Securities and Exchange Commission (the “SEC”),
which Registration Statement the Company is obligated to file with the SEC within 30 calendar days after the date of the SEPA pursuant
to the Registration Rights Agreement, the Company will have the right, but not the obligation, from time to time at its sole discretion
until the SEPA is terminated or expires in accordance with its terms, to direct Yorkville to purchase a specified number of shares of
Common Stock (each, an “Advance”) up to the applicable Advance Maximum Amount (defined below), by delivering written
notice to Yorkville (each, an “Advance Notice”) in accordance with the terms of the SEPA. While there is no mandatory
minimum amount of Common Stock the Company is required to direct Yorkville to purchase pursuant to any single Advance Notice, an Advance
Notice may not direct Yorkville to purchase a number of shares of Common Stock exceeding 100% of the average of the daily trading volume
of the Common Stock on The Nasdaq Capital Market (“Nasdaq”) during the five consecutive trading day-period immediately
preceding an Advance Notice (each, an “Advance Maximum Amount”).

The shares of Common Stock that the Company directs
Yorkville to purchase pursuant to an Advance Notice delivered by the Company to Yorkville under the SEPA will be purchased by Yorkville
at a per share price equal to 97% of the lowest daily VWAP (defined below) of the Common Stock during the three consecutive trading day-period
commencing on the date of delivery of the Advance Notice (each, a “Pricing Period”), other than (i) the daily VWAP
on a trading day on which the daily VWAP is less than a minimum acceptable price set forth by the Company in the Advance Notice (if any),
or (ii) there is no daily VWAP on the subject trading day during the applicable Pricing Period. The Company may elect, in its sole discretion,