Entry into a Material Definitive Agreement · Other Events
Item 1.01. Entry into a Material Definitive Agreement. On October 8, 2026, Sunshine Biopharma Inc. (the “Company”) entered into a placement agent agreement (the “Placement Agent Agreement”) with Aegis Capital Corp.…
Filed Oct 9, 2026Accepted Oct 9, 2026, 5:25 PM EDTCIK 1402328Accession 0001683168-26-007758
We are a pharmaceutical company offering and researching life-saving medicines in a wide variety of therapeutic areas, including oncology and antivirals. We have two wholly owned subsidiaries: (i) Nora Pharma Inc., a Canadian corporation, through which we currently have 60 generic prescription drugs on the market in Canada, and (ii) Sunshine Biopharma Canada Inc., a Canadian corporation through which we develop and sell OTC supplements.
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Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01. Entry into a Material Definitive
Agreement.
On October 8, 2026, Sunshine
Biopharma Inc. (the “Company”) entered into a placement agent agreement (the “Placement Agent Agreement”) with
Aegis Capital Corp. (the “Placement Agent”), in connection with a best efforts public offering (the “Offering”)
of (A) 10,509,082 common units (the “Common Units”), each consisting of (i) one share of the Company’s common stock,
par value $0.001 per share (“Common Stock”), and (ii) two Series D warrants (the “Series D Warrants”), each exercisable
for one share of Common Stock; and (B) 400,000 pre-funded units (the “Pre-Funded Units”), each consisting of (i) one pre-funded
warrant (the “Pre-Funded Warrants”) to purchase one share of Common Stock and (ii) two Series D Warrants. The purchase price
of each Common Unit was $0.55, and the purchase price of each Pre-Funded Unit was $0.54999. The Pre-Funded Warrants are immediately exercisable,
have an exercise price of $0.00001 and may be exercised at any time until all Pre-Funded Warrants are exercised in full. The Pre-Funded
Warrants were exercised in full prior to the closing of the Offering.
The Series D Warrants are
exercisable immediately upon issuance at an initial exercise price of $0.66 per share (equal to 120% of the public offering price per
Common Unit) and will expire five years from the date of issuance. If the Company effects any share split, share dividend, share combination,
recapitalization or other similar transaction involving the Company’s common stock (a “Share Combination Event”), and
the lowest volume weighted average price (“VWAP”) of the Common Stock during the period commencing five consecutive trading
days immediately preceding and ending five consecutive trading days immediately following the Share Combination Event is less than the
then-effective exercise price of the Series D Warrants, then the exercise price will be reduced (but not increased) to the greater of
such lowest VWAP, and a minimum floor price of $0.275 (50% of the public offering price per Common Unit), and the number of shares issuable
upon exercise will increase so that the aggregate exercise price payable upon full exercise of the Series D Warrants after such adjustment
equals the aggregate exercise price payable upon full exercise immediately prior to such adjustment. The Share Combination Event provision
will be effective only upon receipt of such stockholder approval as may be required by the applicable rules and regulations of the Nasdaq
Capital Market. The Series D Warrants will be subject to no more than one such adjustment upon a Share Combination Event.
The
Offering closed on October 9, 2026. The gross proceeds to the Company were approximately $6 million, before deducting placement agent
fees and other expenses payable by the Company.
The
Offering was made pursuant to an effective registration statement on Form S-1 (File No. 333-299274) and the preliminary prospectus contained
therein, which was filed by the Company with the Securities and Exchange Commission (the “SEC”) on October 2, 2026 and declared
effective on October 7, 2026. A final prospectus relating to the Offering was filed with the SEC on October 9, 2026.
Under the terms of the Placement
Agent Agreement, the Placement Agent received a fee of 7% of the public offering price for the Offering and a non-accountable expense
allowance of 1% of the public offering price. In addition, the Company reimbursed certain accountable expenses of the Placement Agent.
The foregoing description
of the Placement Agent Agreement, Pre-Funded Warrants, and Series D Warrants is not complete and is qualified in its entirety by reference
to the full text of such agreements, copies of which are filed as exhibits to this report.
Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events.
On October 8, 2026, the Company
issued a press release announcing the pricing of the Offering. A copy of the press release is filed as Exhibit 99.1 to this report.
On October 9, 2026, the Company
issued a press release announcing the closing of the Offering. A copy of the press release is filed as Exhibit 99.2 to this report.
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
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10.1 Placement Agent Agreement
10.2 Form of Pre-Funded Warrant
10.3 Form of Series D Warrant
99.1 Press Release, dated October 8, 2026
99.2 Press Release dated October 9, 2026
104 Cover Page Interactive Data File (formatted in Inline XBRL).