---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-000619"
form_type: "8-K"
ticker: "OTLC"
cik: "0000908259"
company_name: "Oncotelic Therapeutics, Inc."
filed_at: "2026-01-06T23:59:59+00:00"
generated_at: "2026-05-16T11:36:31.368127+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Oncotelic lowers market cap milestone for Jefferson Capital from $100M to $45M

## Summary
- Amendment reduces first milestone threshold in independent contractor agreement from $100M to $45M market cap.
- Contractor Jefferson Capital Ventures eligible to earn restricted stock upon achieving new $45M milestone.
- Amendment aims to facilitate progress on equity line with Mast Hills, AGP financing, and uplisting.
- No other terms of the milestone or ICA were changed.

## SEC filing metadata
- accession: 0001493152-26-000619
- form_type: 8-K
- ticker: OTLC
- cik: 0000908259
- company_name: Oncotelic Therapeutics, Inc.
- filed_at: 2026-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908259/000149315226000619/0001493152-26-000619-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908259/000149315226000619/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-000619
- JSON: https://secwatch.observer/filing/0001493152-26-000619.json
- Plain text: https://secwatch.observer/filing/0001493152-26-000619.txt

## Key facts
- Material Agreements
  Oncotelic Therapeutics, Inc. amended ICA with Jefferson Capital Ventures, LLC (effective 2025-12-31).
  - Action: amendment
  - Counterparty: Jefferson Capital Ventures, LLC
  - Effective: 2025-12-31
  source text: On December 31, 2025, Oncotelic Therapeutics, Inc. (the “Company” or “Our”) entered into an amendment to an independent contractor agreements (“ICA”) with Jefferson Capital Ventures, LLC (“Jefferson”) dated August 6, 2025, for modifying the threshold of the first milestone contained within the ICA.
  evidence_url: https://www.sec.gov/Archives/edgar/data/908259/000149315226000619/0001493152-26-000619-index.htm

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