Cingulate issues 325,729 shares to lenders in debt-for-equity swaps

Cingulate Inc.

July 30: 58,139 shares at $5.16 per share issued to lender for debt reduction.
August 12: 74,074 shares at $4.05 per share issued to lender.
August 21: 64,102 shares at $3.90 per share issued to lender.
August 29: 63,451 shares at $3.94 per share; Sept 5: 65,963 at $3.79 per share.
All issuances exempt under Section 3(a)(9) of Securities Act as exchanges with existing holders.

item 3.02

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