STOCK TITAN

Jupiter Neurosciences (JUNS) delays and revises Yorkville note payments

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Jupiter Neurosciences, Inc. updated the terms of its financing arrangement with YA II PN, Ltd. (Yorkville) tied to earlier advances of up to $6.0 million under convertible promissory notes. These notes were issued in connection with a Standby Equity Purchase Agreement and later amended.

On February 20, 2026, the company and Yorkville signed an Omnibus Amendment that changes the “Monthly Payments” section of the amended and restated convertible notes. The start of monthly installments is pushed to April 1, 2026, the payment amounts follow a variable schedule, and provisions on Advance Notices are revised.

Jupiter Neurosciences can continue to choose whether to make installment payments in cash, through Advance Repayment under the notes, or by combining both methods. The filing also records this arrangement as a direct financial obligation for the company.

Positive

  • None.

Negative

  • None.
false 0001679628 0001679628 2026-02-20 2026-02-20 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

February 20, 2026

Date of Report (Date of earliest event reported)

 

JUPITER NEUROSCIENCES, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41265   47-4828381
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

1001 North US HWY 1, Suite 504, Jupiter, FL   33477
(Address of principal executive offices)   (Zip Code)

 

(561) 406-6154

Registrant’s telephone number, including area code

 

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   JUNS   Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging Growth Company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 1.01 Entry Into a Material Definitive Agreement.

 

Reference is made to the Current Report on Form 8-K filed by Jupiter Neurosciences Inc. (the “Company”) with the Securities and Exchange Commission (the “SEC”) on October 27, 2025 (as amended by the Current Report on Form 8-K/A filed by the Company with the SEC on November 20, 2025, collectively, the “Signing 8-K”). The information set forth under Item 1.01 of Signing 8-K is incorporated by reference in this Item 1.01.

 

As disclosed in the Signing 8-K, on October 24, 2025, the Company entered into a Standby Equity Purchase Agreement (as amended on November 19, 2025, the “SEPA”) and a related Registration Rights Agreement with YA II PN, LTD, a Cayman Islands exempt limited partnership (“Yorkville”). In connection with the SEPA, Yorkville agreed to advance to the Company up to $6.0 million which was paid in two tranches in exchange for the Company’s issuance to Yorkville of convertible promissory notes (each, a “Convertible Note,” together, the “Convertible Notes”, and as amended on November 19, 2025, the “A&R Convertible Notes”). On February 20, 2026, the Company and Yorkville entered into an Omnibus Amendment (the “Amendment”) to revise Section 1(c) of the A&R Convertible Notes, the “Monthly Payments” provision. The Amendment modifies Section 1(c) by (i) commencing the monthly installment payment on April 1, 2026, representing an extension of approximately three months, (ii) revising the payment calculation to a variable payment schedule set forth in the schedule thereto and (iii) updating the provisions governing Advance Notices, as defined in the SEPA. The Company retains the option to satisfy installments through cash, Advance Repayment, as defined in the A&R Convertible Notes, or a combination thereof.

 

The foregoing summary of the material terms of the Convertible Notes, the A&R Convertible Notes, the Amendment and the SEPA, does not purport to be complete and is qualified in its entirety by reference to the full text of such agreement, copies of which are attached as Exhibits 4.1, 4.2, 4.3, 10.1 and 10.2, respectively, to this Current Report on Form 8-K (the “Report”), and each of which is incorporated herein in its entirety by reference.

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

The information set forth in Item 1.01 of this Report is incorporated herein by reference.

 

 

 

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Index of Exhibits

 

Exhibit No.   Description
     
4.1+†*   Form of Convertible Promissory Notes issued to YA II PN, Ltd. (incorporated by reference to Exhibit 4.1 to the Registrant’s Current Report on Form 8-K filed with the SEC on October 27, 2025)
4.2+†*   Form of Amended and Restated Convertible Promissory Note issued to YA II PN, Ltd. (incorporated by reference to Exhibit 4.1 to the Registrant’s Current Report on Form 8-K/A filed with the SEC on November 20, 2025)
4.3†   Omnibus Amendment to the Convertible Promissory Notes issued to YA II PN, Ltd., dated February 20, 2026, between Jupiter Neurosciences, Inc. and YA II PN, Ltd.
10.1+†*   Standby Equity Purchase Agreement, as of October 24, 2025, between Jupiter Neurosciences, Inc. and YA II PN, Ltd. (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed with the SEC on October 27, 2025)
10.2+†*   Amendment No. 1 to the Standby Equity Purchase Agreement, as of November 19, 2025, between Jupiter Neurosciences, Inc. and YA II PN, Ltd. (incorporated by reference to Exhibit 10.3 to the Registrant’s Current Report on Form 8-K/A filed with the SEC on November 20, 2025)
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

*Previously filed.

 

+ Certain portions of this exhibit (indicated by “[***]”) have been redacted pursuant to Regulation S-K Item 601(a)(6).

 

† Schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The registrant undertakes to furnish supplemental copies of any of the omitted schedules upon request by the SEC.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: February 20, 2026  
   
Jupiter Neurosciences, Inc.  
   
By: /s/ Christer Rosén  
Name: Christer Rosén  
Title: Chairman and Chief Executive Officer  

 

 

 

FAQ

What financing arrangement did Jupiter Neurosciences (JUNS) amend with Yorkville?

Jupiter Neurosciences amended its convertible promissory notes issued to YA II PN, Ltd. under a Standby Equity Purchase Agreement. These notes relate to advances of up to $6.0 million that Yorkville previously provided, giving the company structured access to capital through convertible debt.

How did the Omnibus Amendment change Jupiter Neurosciences’ payment schedule?

The Omnibus Amendment moves the start of monthly installment payments to April 1, 2026, extending the schedule by about three months. It also replaces the prior formula with a variable payment schedule described in an attached schedule, which will govern how much is paid in each installment.

What payment options does Jupiter Neurosciences (JUNS) have under the amended notes?

Jupiter Neurosciences can satisfy monthly installments in cash, through Advance Repayment as defined in the amended and restated convertible notes, or by using a mix of both. This flexibility lets the company choose between cash payments and applying advances to reduce obligations.

What is the size of the Yorkville financing for Jupiter Neurosciences?

Yorkville agreed to advance up to $6.0 million to Jupiter Neurosciences under the Standby Equity Purchase Agreement. This amount was provided in two tranches in exchange for the company issuing convertible promissory notes, later amended and restated and now further modified by the Omnibus Amendment.

How does the filing describe Jupiter Neurosciences’ obligation under the amended notes?

The filing characterizes the amended convertible notes as a direct financial obligation of Jupiter Neurosciences. Item 2.03 specifically incorporates the description from Item 1.01, emphasizing that the company has a defined debt commitment governed by the revised note and payment terms.

Filing Exhibits & Attachments

4 documents
JUPITER NEUROSCIENCES, INC.

NASDAQ:JUNS

JUNS Rankings

JUNS Latest News

JUNS Latest SEC Filings

JUNS Stock Data

20.75M
15.80M
Biotechnology
Pharmaceutical Preparations
Link
United States
JUPITER