Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Regulation FD Disclosure
Item 1.01 Entry into a Material Definitive Agreement. PIPE Financing On October 5, 2026, Telomir Pharmaceuticals, Inc. (the “ Company ”) entered into a securities purchase agreement (the “ Purchase Agreement ”) with various investors (the “ Investors ”), pursuant to which the Company agreed to issue and sell to the Investors in a private placement (the “ Private Placement ”) 4,843,300 shares (the…
Filed Oct 6, 2026Accepted Oct 6, 2026, 8:00 AM EDTCIK 1971532Accession 0001493152-26-045860
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01 Entry into a Material Definitive Agreement.
PIPE
Financing
On
October 5, 2026, Telomir Pharmaceuticals, Inc. (the “ Company ”) entered into a securities purchase agreement (the “ Purchase
Agreement ”) with various investors (the “ Investors ”), pursuant to which the Company agreed to issue and
sell to the Investors in a private placement (the “ Private Placement ”) 4,843,300 shares (the “ Shares ”)
of the Company’s common stock, no par value (the “ Common Stock ”). The securities sold to the Investors consisted
solely of Common Stock, with no accompanying investor warrants, convertible securities or variable-price or reset features. The Investors
included John Paul DeJoria, an existing significant shareholder of the Company, who invested an additional $1.0 million in the Private
Placement. Other existing shareholders and new investors also participated in the Private Placement.
The
closing of the Private Placement occurred on October 5, 2026 (the “ Closing ”). The purchase price of the Shares is
$1.16 per share, representing a 5% discount to the applicable 10-day volume-weighted average price of the Common Stock on the Nasdaq
Capital Market ending two days prior to the closing of the Private Placement. The total gross proceeds received by the Company from the
Private Placement, before expenses, were approximately $5.6 million. The Company intends to use the proceeds from the Private Placement
primarily to support the clinical development of Telomir-Zn, including the Company’s Phase 1/2 clinical program in advanced or
metastatic triple-negative breast cancer, as well as for working capital and general corporate purposes.
The
Purchase Agreement includes representations, warranties and covenants customary for a transaction of this type.
In
connection with the Private Placement, on October 5, 2026, the Company also entered into a registration rights agreement with the Investors
(the “ Registration Rights Agreement ”), pursuant to which the Company agreed, among other things, to file a registration
statement with the U.S. Securities and Exchange Commission (the “ SEC ”), within 30 days of the Closing, to register
the resale of the Shares, subject to the terms and conditions set forth therein.
Alexander
Capital, L.P. (“ Alexander Capital ”) is acting as the placement agent for the Private Placement pursuant to an engagement
letter, dated June 25, 2026 between the Company and Alexander Capital (the “ Engagement Letter ”). Pursuant to the Engagement
Letter, the Company agreed to pay Alexander Capital a cash fee equal to 9.0% of the aggregate gross proceeds of the Private Placement.
Based on aggregate gross proceeds of approximately $5.6 million, the aggregate cash placement agent fee payable to Alexander Capital
was approximately $455,000. The Company also agreed to reimburse Alexander Capital for its reasonable and documented accountable expenses
incurred in connection with the Private Placement, including the fees and disbursements of its counsel, subject to an aggregate cap of
$40,000 In addition, pursuant to the Engagement Letter, at the Closing the Company issued to Alexander Capital or its designees warrants
(the “ Placement Agent Warrants ”) to purchase an aggregate of 387,464 shares of Common Stock, representing 8.0% of
the aggregate number of Shares sold in the Private Placement. The Placement Agent Warrants have an exercise price of $1.16 per share,
equal to 100% of the purchase price per Share in the Private Placement, are exercisable for cash and expire five years following their
issuance. The Placement Agent Warrants also contain customary adjustments in connection with stock splits, stock dividends, combinations
and similar corporate events, but do not contain variable-price, down-round, full-ratchet or other price-reset provisions.
The
foregoing summaries of the Purchase Agreement and the Registration Rights Agreement do not purport to be complete and are subject to,
and qualified in their entirety by, the full text of the Purchase Agreement and the Registration Rights Agreement, copies of which are
filed as Exhibits 10.1 and 10.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.
The
foregoing descriptions of the Engagement Letter and the Placement Agent Warrants do not purport to be complete and are qualified in their
entirety by reference to the terms of the Engagement Letter and the Placement Agent Warrants. A copy of the Placement Warrant Agent is
filed as Exhibit 4.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 3.02Item 3.02 - Unregistered Sales of Equity
Item 3.02 Unregistered Sales of Equity Securities.
The
information set forth in Item 1.01 of this Current Report on Form 8-K regarding the Private Placement and the Placement Agent Warrants
is incorporated herein by reference.
The
Shares were offered and sold in reliance upon exemptions from registration pursuant to Section 4(a)(2) of the Securities Act of 1933,
as amended (the “ Securities Act ”), and Rule 506 of Regulation D promulgated thereunder. The Investors represented
that they are “accredited investors” as defined in Rule 501(a) under the Securities Act.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On
October 6, 2026, the Company issued a press release announcing the Private Placement. A copy of the press release is furnished as Exhibit
99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The
information contained in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended (the “ Exchange Act ”), or otherwise subject to the
liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act
or the Exchange Act, except as expressly set forth by specific reference in such filing.
Filed exhibits (2)
EX-4.1 (by filename) ex4-1.htm
Exhibit 4.1
NEITHER
THIS WARRANT NOR THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE. THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS
WARRANT MAY NOT BE OFFERED, SOLD, ASSIGNED OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE
SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, SUCH
REGISTRATION REQUIREMENTS.
FORM
OF
PLACEMENT
AGENT COMMON STOCK PURCHASE WARRANT
TELOMIR
PHARMACEUTICALS, INC.
Warrant [●]
Shares:
Issue [●],
Date: 2026
Initial [the
Exercise Date: Issue Date] [●]
Termination 5:00
Date: p.m. (New York City time) on the fifth (5th) anniversary of the Issue Date
THIS
PLACEMENT AGENT COMMON STOCK PURCHASE WARRANT (this “Warrant”) certifies that, for value received, Alexander Capital, L.P.,
or its permitted assigns (the “Holder”), is entitled, upon the terms and subject to the limitations and conditions set forth…
Exhibit
99.1
Telomir
Pharmaceuticals Secures $5.6 Million Financing as Billionaire Entrepreneur John Paul DeJoria Increases Investment in the Company
Common
Stock PIPE Strengthens Telomir’s Capital Position as Company Advances Telomir-Zn into Clinical Development Under FDA-Cleared IND
in Triple-Negative Breast Cancer (TNBC)
MIAMI,
Oct. 6, 2026 (GLOBE NEWSWIRE) - Telomir Pharmaceuticals, Inc. (NASDAQ: TELO), a clinical-stage biotechnology company developing
small-molecule therapeutics targeting epigenetic and metabolic drivers of cancer, today announced an approximately $5.6 million private
investment in public equity (PIPE) financing through the issuance of common stock, without any accompanying investor warrants or convertible
securities.
The
financing includes an additional $1.0 million investment from billionaire entrepreneur and existing significant shareholder John Paul
DeJoria, co-founder of John Paul Mitchell Systems and Patrón Spirits. Other existing shareholders and new investors also participated
in the financing.
DeJoria
most recently reported beneficial ownership of approximately 3.55 million shares, representing approximately 5.0% of Telomir’s
outstanding common s…