Company: BFRG
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001493152-25-010367
Chunk: 393

Company: BullFrog AI Holdings, Inc.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 2
Chunk 393
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88
    %

* Less than
1%

 39 

(1)Comprised
                                            of 2,392,446 shares of Common Stock, 77,930 Stock Options currently exercisable, and 0 Stock
                                            Options exercisable within 60 days.

(2)Comprised
                                            of 47,142 shares of Common Stock, 109,500 Stock Options currently exercisable, and 0 Stock
                                            Options exercisable within 60 days.

(3)Comprised
                                            of 34,442 Stock Options currently exercisable and 2,222 Stock Options exercisable within
                                            60 days.

(4)Comprised
                                            of 73,449 shares of non-voting Series A Preferred Stock, 115,185 warrants exercisable at
                                            $2.50 per share and 54,714 shares of Common Stock. Assumes the conversion of all Series A
                                            Preferred Stock into common stock in an amount equal to ten shares of common stock for each
                                            one share of Series A Preferred Stock.

(5)Based
                                            on information provided in a Schedule 13G filed on January 14, 2025 by Empery Asset Management,
                                            LP (“Empery”), Ryan M. Lane, and Martin D. Hoe, Empery and Messrs. Lane and Hoe
                                            have shared voting and dispositive power over 929,857 shares of common stock of the Company.
                                            Messrs. Lane and Hoe each disclaim beneficial ownership of the shares reported herein except
                                            to the extent of their pecuniary interests therein.

Securities
Authorized for Issuance under Equity Compensation Plans

General.
In November 2022, our Board of Directors adopted our 2022 Equity Incentive Plan (the “2022 Plan”) and the 2022 Plan was submitted
to our stockholders for approval. Our 2022 Plan became effective immediately on adoption. Our 2022 Plan replaces our previous incentive
plan. However, awards outstanding under our previous incentive plan will continue to be governed by their existing terms.

Share
Reserve. The number of shares of our common stock originally available for issuance under our 2022 Plan was 900,000 shares. Notwithstanding
the number of shares available for issuance, on the first day of each year commencing January 1, 2023, or the first business day of the
calendar year if the first day of the calendar year falls on a Saturday or Sunday, the