Jaguar Health issues 57,500 shares to reduce royalty interest by $632,500

Jaguar Health, Inc.

On April 30, 2025, issued 57,500 shares to a royalty interest holder in exchange for $632,500 reduction in outstanding balance.
Shares issued in reliance on Section 3(a)(9) exemption from registration under the Securities Act of 1933.
Transaction reduces the company's royalty obligation by exchanging equity for debt, with no cash proceeds.

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