Company: TELO
Filing Date: 2025-02-04
Form Type: 10-K
Source: 0001493152-25-004872
Chunk: 523

Company: Telomir Pharmaceuticals, Inc.
Filing Date: 2025-02-04
Form: 10-K
Item: Item 1A
Chunk 523
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50,000  
    $7.00  
     3.2  
     - 
  
    Exercised 
     (10,000) 
    $3.73  
     -  
     - 
  
    Balance Outstanding as December 31, 2024 
     2,814,057  
    $4.97  
     3.49 (2) 
     - 
  
    Exercisable, December 31, 2024 
     2,814,057  
    $4.97  
     3.49 (2) 
     - 

(1)The
warrants herein consist of various contractual terms. The warrants herein consist of 2,439,025
warrants issued to Bay Shore
Trust that have a remaining contractual term of 4.5
years as of December 31, 2023,
and 335,032
warrants issued to investors
associated with the 2023 Private Placement that currently have an indeterminable contractual term. See disclosures below for more information
on these warrants

(2)The warrants herein
consist of various contractual terms. The warrants herein consist of 2,429,025 warrants issued to Bay Shore Trust that have a remaining
contractual term of 3.5 years as of December 31, 2024, 335,032 warrants issued to investors associated with the 2023 Private Placement
that currently have an indeterminable contractual term, and 50,000 warrants issued to underwriters as part of the IPO with a remaining
contractual life of 3.2 years. See disclosures below for more information on these warrants

Private
placement Warrants

During
the year ended December 31, 2023, the Company issued to the 2023 Private Placement investors a Common Stock warrant the right to purchase
up to 268,025 shares of common stock at an exercise price of $15.42 per share. The Company also issued to the placement agent a Common
Stock warrant the right to purchase up to 67,007 shares of common stock at an exercise price of $3.73 per share. Both issuances of warrants
are immediately vested and will be exercisable any time until the day that is one year plus ninety days from the date an IND filing is
made with the FDA.

Bay
Shore Trust Warrants (Note 4)

In