Synaptogenix launches crypto treasury strategy focused on Bittensor TAO, raises $5.5M

TAO Synergies Inc.

Plans initial $10M acquisition of TAO tokens (over 2x market cap); long-term target of $100M.
Raised $5.5M via private placement of Series D convertible preferred stock ($1,000 stated value) and warrants at $3.00 per share.
James Altucher hired as consultant to lead TAO strategy; issued 1.2M warrants with exercise prices from $4.00 to $12.00.
CEO Dr. Tuchman resigned to become CMO; CSO Dr. Alkon resigned to consultant; Joshua Silverman appointed Executive Chairman at $30k/month.
Company intends to change name and ticker to reflect new digital asset treasury strategy.

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Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Alan J. Tuchman

Chief Executive Officer

TAOX · TAO Synergies Inc.

Effective: 2025-06-08
Filed: Jun 09, 2025 23:59 UTC

On June 8, 2025, Dr. Alan J. Tuchman resigned as Chief Executive Officer and director of the Company, effective June 8, 2025. Dr. Tuchman will serve as Chief Medical Officer of the Company.

Departed

Daniel L. Alkon

Chief Science Officer

TAOX · TAO Synergies Inc.

Effective: 2025-06-04
Filed: Jun 09, 2025 23:59 UTC

On June 4, 2025, Dr. Daniel L. Alkon resigned as an officer, director and Chief Science Officer of the Company to become a consultant working with the Company’s newly established Bryostatin Development Committee

Appointed

Joshua Silverman

Executive Chairman

TAOX · TAO Synergies Inc.

Effective: 2025-06-06
Filed: Jun 09, 2025 23:59 UTC

On June 6, 2025, Mr. Joshua Silverman was appointed as Executive Chairman of the Company’s board of directors and in consideration of his new role, Mr. Silverman will be paid a monthly salary of $30,000 per month.

Source: SEC EDGAR

accession 0001104659-25-057640

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