---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-106435"
form_type: "8-K"
ticker: "SILO"
cik: "0001514183"
company_name: "Silo Pharma, Inc."
filed_at: "2026-10-02T20:37:14+00:00"
generated_at: "2026-10-12T14:39:45.035999+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Silo Pharma buys Norsight 'Klone' software IP, paying with warrant for 300,000 shares at $1.51

## Summary
- Silo Pharma bought software and IP from Norsight Consulting Inc., including source and object code for web-based tools marketed under the 'Klone' brand, plus trademarks and domain names.
- Consideration was a warrant for up to 300,000 shares at $1.51/share (about $453,000 if fully exercised), cashless-exercise, exercisable April 1, 2027 through Sept 30, 2031.
- Seller's shares are locked up for 12 months; the warrant carries a 4.99% beneficial-ownership blocker that Norsight may raise to 9.99% with 61 days' notice.
- Warrant sold under Section 4(a)(2); Nasdaq rules cap issuance at 19.99% of outstanding shares absent stockholder approval. Norsight President Craig North and Silo CEO Eric Weisblum signed.
- Norsight warrants the software is an original creation, malware-free and non-infringing, with open-source code limited to Exhibit B; its total liability is capped at the warrants' fair market value.

## SEC filing metadata
- accession: 0001213900-26-106435
- form_type: 8-K
- ticker: SILO
- cik: 0001514183
- company_name: Silo Pharma, Inc.
- filed_at: 2026-10-02T20:37:14+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514183/000121390026106435/0001213900-26-106435-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514183/000121390026106435/ea0307598-8k_silo.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-106435
- JSON: https://secwatch.observer/filing/0001213900-26-106435.json
- Plain text: https://secwatch.observer/filing/0001213900-26-106435.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.