Optimus Healthcare Services board initiates wind-down of operations; expects completion by end of 2025

Optimus Healthcare Services, Inc.

Board completed strategic review and determined to wind down operations due to lack of ongoing cash alternatives.
Substantial portion of wind down expected to be completed by end of 2025; reduction in force planned.
Core group of employees retained for orderly wind down, regulatory transition of oncology trials, and asset value maximization.
Specified defaults on senior secured convertible notes not cured; purchasers have right to accelerate notes but have not yet done so.

item 2.05

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