Material Event (Form 8-K)

Item 8.01 Other Events

On July 1, 2022, NeOnc Technologies Holdings, Inc.'s wholly owned subsidiary, NeOnc Technologies, Inc. ("NeOnc") and Fox Infused, LLC, a Delaware limited liability company ("Fox Infused"), entered into an Intellectual Property License and Supply Agreement effective July 1, 2022 (the "Agreement") whereby NeOnc agreed to supply certain products to Fox Infused and license certain of its patents. NeOnc terminated the Agreement with Fox Infused on April 25, 2023.

On June 6, 2023, Fox Infused filed a complaint against NeOnc in the Central District of California alleging that the termination was improper (Civil Action No. 2:23-04431). Fox Infused also filed an ex parte application for a temporary restraining order and an order to show cause on a preliminary injunction against NeOnc seeking to have the court stop the termination of the contract. Fox Infused's temporary restraining order application was denied and the case dismissed without prejudice. Fox Infused refiled the case in arbitration before the American Arbitration Association (Case No. 01-23-0002-5020).

The parties engaged in settlement discussions, and agreed to settle the dispute for a $600,000 payment by NeOnc to Fox Infused within 5 business days of the closing date of the Company's initial public offering or March 31, 2024.

On February 27, 2026, NeOnc paid Fox Infused a total of $737,920.77, which included $137,920.77 in interest. As a result of such payment in full by NeOnc, the dispute has been settled.