Turn Therapeutics issues 579,664 shares to GEM on cashless warrant exercise

Turn Therapeutics Inc.

On Aug 13, 2026, GEM exercised warrant in full via cashless provision; company issued 579,664 common shares.
Warrant originally covered 1,192,207 shares (4% fully diluted) at $5.03 exercise price, dated Oct 8, 2025.
Shares issued under Section 4(a)(2) exemption; GEM represented as accredited investor.
Exercise triggered because per-share market value exceeded $5.03 warrant price.
No new capital raised; dilution of ~0.5% of fully diluted shares (579,664 vs. prior total).

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