Zhongchao Inc.

As previous disclosed in its Current Report on Form 6-K filed on July 28, 2026, on July 23, 2026, Zhongchao Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) in connection with a registered direct offering of 300,000 Class A Ordinary Shares, par value US$0.744 each (the “Class A Ordinary Shares”), and, in lieu of Class A Ordinary Shares, pre-funded warrants (the “Pre-Funded Warrants”) to purchase 4,245,455 Class A Ordinary Shares (the “Warrant Shares”), in the aggregate (such offering, the “July 2026 Offering”). The Securities Purchase Agreement provides each purchaser with a 60-day right to purchase, at US$1.10 per share, an additional allocation (the “Additional Allocation Option”) of up to 200% of the number of Class A Ordinary Shares and Warrant Shares purchased by such purchaser in the July 2026 Offering. On August 5, 2026, a certain purchaser partially exercised its Additional Allocation Option to purchase 454,545 Class A Ordinary Shares, which additional Class A Ordinary Shares were issued on August 6, 2026. Following such issuance, the Company had 8,666,755 Class A Ordinary Shares outstanding.