- **BullFrog AI Holdings, Inc. (BFRG)** entered into a **Purchase Agreement** and a **Registration Rights Agreement** with **Lincoln Park Capital Fund, LLC** on **September 15, 2025**.  **[1829247_0001493152-25-013729_ex10-2.htm:0]** **[1829247_0001493152-25-013729_ex10-1.htm:0]** **[1829247_0001493152-25-013729_form8-k.htm:1]** 
- Under the Purchase Agreement, Lincoln Park committed to purchase **up to $10.0 million** of BFRG's common stock over a **36-month period**, at the Company's discretion.  **[1829247_0001493152-25-013729_ex10-1.htm:0]** **[1829247_0001493152-25-013729_form8-k.htm:1]** 
- As consideration for this commitment, BFRG will issue **147,682 shares of Common Stock** to Lincoln Park.  **[1829247_0001493152-25-013729_form8-k.htm:3]** 
- The Company expects to use any proceeds from these sales for **working capital, capital expenditures, and general corporate purposes**.  **[1829247_0001493152-25-013729_form8-k.htm:2]** 
- The aggregate number of shares that can be sold to Lincoln Park is capped at **2,048,936 shares** (19.99% of outstanding shares), unless stockholder approval is obtained or the average price per share equals or exceeds **$1.4053**.  **[1829247_0001493152-25-013729_form8-k.htm:2]**

BullFrog AI Holdings (BFRG)