Jupiter Neurosciences Commences ~$2M Offering Of 307,692 Common Shares

Jupiter Neurosciences, Inc.

Jupiter Neurosciences, Inc.

JUNS

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Jupiter Neurosciences, Inc. (NASDAQ:JUNS) ("Jupiter" or the "Company"), a clinical-stage biopharmaceutical company focused on central nervous system disorders and neuroinflammation, today announced it has entered into a securities purchase agreement for the purchase and sale of 307,692 shares of common stock in a registered direct offering.

The gross proceeds of the offering are approximately $2.0 million (the "Offering").