Aclarion, Inc. has entered into an Equity Line Purchase Agreement with White Lion Capital LLC, which was established on October 9, 2023. Under this agreement, Aclarion has the discretion to sell up to $10 million worth of shares to White Lion, subject to specified terms and conditions. As part of the ongoing financial arrangement, Aclarion has already sold 1,800,000 shares of common stock to White Lion as of August 2024. Additionally, White Lion is covered by a Registration Statement filed on October 11, 2024, for the resale of up to 1,450,000 shares of Aclarion's common stock. The capital raised from these transactions is intended for general corporate purposes, including working capital. Aclarion, which trades under the ticker 'ACON' on the Nasdaq Capital Market, has faced compliance issues with Nasdaq's minimum bid price and stockholders' equity requirements, receiving deficiency letters. In response, Aclarion is planning a reverse stock split to meet the Bid Price Requirement and has appealed the delisting notices, actively seeking solutions to regain compliance with Nasdaq's standards.

Aclarion, Inc. has entered into an Equity Line Purchase Agreement with White Lion Capital LLC, which was established on October 9, 2023. Under this agreement, Aclarion has the discretion to sell up to $10 million worth of shares to White Lion, subject to specified terms and conditions. As part of the ongoing financial arrangement, Aclarion has already sold 1,800,000 shares of common stock to White Lion as of August 2024. Additionally, White Lion is covered by a Registration Statement filed on October 11, 2024, for the resale of up to 1,450,000 shares of Aclarion's common stock. The capital raised from these transactions is intended for general corporate purposes, including working capital. Aclarion, which trades under the ticker 'ACON' on the Nasdaq Capital Market, has faced compliance issues with Nasdaq's minimum bid price and stockholders' equity requirements, receiving deficiency letters. In response, Aclarion is planning a reverse stock split to meet the Bid Price Requirement and has appealed the delisting notices, actively seeking solutions to regain compliance with Nasdaq's standards.