Skip to main content

Telomir Pharmaceuticals Inc

For the period ended Dec 31, 2024. Filed Feb 4, 2025.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 4, 2025

TELO$0.71-9.0%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits
Contents

Cover page

Show cover page

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-K

For the fiscal year ended December 31,2024

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from__________ to _________

Commission file number 001-31361

(Exact name of registrant as specified in its charter)

Florida87-2606031
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
100 SE 2nd St, Suite 200 #1009, Miami, Florida33131
(Address of principal executive offices)(Zip Code)

Registrant’s telephone number:786-396-6723

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

Title of each classTrading Symbol(s)Name of exchange on which registered
Common stock, no par valueTELOThe Nasdaq Capital Market

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files)Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer or a smaller reporting company. See definition of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer☐Accelerated filer☐
Non-accelerated filer☒Smaller reporting company☒
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.☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No☒

The aggregate market value of the voting and non-voting common equity held by non-affiliates as of June 30, 2024, was $113.3 million based on the closing sale price of the company’s common stock on such date of $4.81 per share, as reported by the NASDAQ Capital Market

As of February 4, 2025, there were 29,762,671 shares of company common stock issued and outstanding.

Annual Report on Form 10-K

For the fiscal year ended December 31, 2024

TABLE OF CONTENTS
Page
Cautionary Note on Forward-Looking Statements3
PART I4
Item 1.Description of Business4
Item 1A.Risk Factors19
Item 1B.Unresolved Staff Comments46
Item 1C.Cybersecurity46
Item 2.Description of Property46
Item 3.Legal Proceedings46
Item 4.Mine Safety Disclosure46
PART II47
Item 5.Market for Common Equity and Related Stockholder Matters47
Item 6.[Reserved]47
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations48
Item 7A.Quantitative and Qualitative Disclosures About Market Risk54
Item 8.Financial Statements54
Item 9.Changes In and Disagreements with Accountants on Accounting and Financial Disclosure54
Item 9A.Controls and Procedures55
Item 9B.Other Information55
Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections55
PART III55
Item 10.Directors, Executive Officers and Corporate Governance55
Item 11.Executive Compensation61
Item 12Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters70
Item 13.Certain Relationships and Related Transactions, and Director Independence70
Item 14.Principal Accountant Fees and Services72
PART IV73
Item 15.Exhibits, Financial Statement Schedules73
Signatures75

Unless we have indicated otherwise, or the context otherwise requires, references in this Report to “TELO,” the “Company,” “we,” “us” and “our” or similar terms refer to Telomir Pharmaceuticals, Inc., a Florida corporation.

From time to time, we may use our website, our Facebook page at https://www.facebook.com/people/Telomir-Pharmaceuticals-Inc/100087267737318/#, our Twitter at https://x.com/TelomirPharma, and on our LinkedIn account athttps://www.linkedin.com/company/telomir-pharmaceuticals-inc/posts/?feedView=allto distribute material information. Our financial and other material information is routinely posted to and accessible on the Investors section of our website, available atwww.telomirpharma.com. Investors are encouraged to review the Investors section of our website because we may post material information on that site that is not otherwise disseminated by us. Information that is contained in and can be accessed through our website, our Facebook page, our Twitter posts and our LinkedIn posts are not incorporated into, and does not form a part of, this Annual Report.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.