United Health Products Enters Agreements with Alumni Capital

On December 16, 2025, United Health Products, Inc. (the "Company") entered into a Securities Purchase Agreement with Alumni Capital LP ("Alumni") for a loan of $289,821, evidenced by a senior convertible promissory note. The Company received net proceeds of $250,000. The note accrues 15% annual interest and is due by December 31, 2026. Alumni can convert the note into restricted shares of the Company's common stock at $0.06 per share, subject to certain conditions and limitations. The Company has agreed to reserve shares for this conversion and to file a resale registration statement by January 15, 2026. Additionally, the Company entered into an Any Market Purchase Agreement (AMPA) with Alumni, allowing the Company to sell up to $4,000,000 of its common stock to Alumni in a series of purchases through December 31, 2027. The purchase price will be 90% of the lowest two-day volume-weighted average price. The Company must file a registration statement for these shares by January 15, 2026. In connection with the AMPA, the Company issued a warrant to Alumni for the purchase of up to 3,484,321 shares at $0.075 per share.