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[8-K] Silo Pharma, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Silo Pharma (SILO) filed an 8-K to disclose a strategic shift toward digital assets. On 4 Aug 2025 the Board formed a Cryptocurrency Advisory Board of up to three members to guide a newly adopted cryptocurrency treasury strategy. The Board simultaneously appointed Corwin Yu as the first advisor and executed an agreement granting him 45,000 stock options at an exercise price of $0.7757. The options vest in 12 equal monthly tranches under the Amended & Restated 2020 Omnibus Equity Incentive Plan. A press release announcing the initiative was issued on 5 Aug 2025 and filed as Exhibit 99.1.

No financial results, guidance, or capital-raising transactions were reported. The filing is limited to governance changes and does not alter prior disclosures.

Silo Pharma (SILO) ha presentato un modulo 8-K per comunicare un cambiamento strategico verso gli asset digitali. Il 4 agosto 2025 il Consiglio di Amministrazione ha istituito un Comitato Consultivo per le Criptovalute composto da un massimo di tre membri per guidare la nuova strategia di tesoreria basata su criptovalute. Contestualmente, il Consiglio ha nominato Corwin Yu come primo consulente e ha stipulato un accordo che gli concede 45.000 opzioni azionarie con un prezzo di esercizio di 0,7757 $. Le opzioni maturano in 12 tranche mensili uguali secondo il Piano di Incentivi Azionari Omnibus 2020 modificato e aggiornato. Un comunicato stampa che annuncia l'iniziativa è stato pubblicato il 5 agosto 2025 e depositato come Allegato 99.1.

Non sono stati riportati risultati finanziari, previsioni o operazioni di raccolta capitale. La comunicazione riguarda esclusivamente modifiche di governance e non altera le divulgazioni precedenti.

Silo Pharma (SILO) presentó un formulario 8-K para revelar un cambio estratégico hacia activos digitales. El 4 de agosto de 2025, la Junta formó un Consejo Asesor de Criptomonedas de hasta tres miembros para orientar una estrategia de tesorería basada en criptomonedas recién adoptada. Simultáneamente, la Junta nombró a Corwin Yu como primer asesor y firmó un acuerdo que le otorga 45,000 opciones sobre acciones con un precio de ejercicio de $0.7757. Las opciones se consolidan en 12 tramos mensuales iguales según el Plan de Incentivos de Capital Omnibus 2020 enmendado y restablecido. Un comunicado de prensa anunciando la iniciativa fue emitido el 5 de agosto de 2025 y presentado como Anexo 99.1.

No se reportaron resultados financieros, pronósticos ni transacciones de recaudación de capital. La presentación se limita a cambios en la gobernanza y no modifica divulgaciones previas.

Silo Pharma (SILO)ëŠ� 디지í„� ìžì‚°ìœ¼ë¡œì� ì „ëžµì � 전환ì� 공개하기 위해 8-K 보고서를 제출했습니다. 2025ë…� 8ì›� 4ì� ì´ì‚¬íšŒëŠ” 새로 채íƒí•� 암호화í 재무 ì „ëžµì� 안내하기 위해 최대 ì„� 명으ë¡� 구성ë� 암호화í ìžë¬¸ìœ„ì›íš�ë¥� 구성했습니다. ë™ì‹œì—� ì´ì‚¬íšŒëŠ” Corwin Yuë¥� ì²� 번째 ìžë¬¸ìœ„ì›ìœ¼ë¡œ 임명하고, 행사 ê°€ê²©ì´ ì� 45,000ì£� ì£¼ì‹ ì˜µì…˜ì� 부여하ëŠ� 계약ì� 체결했습니다. ì� ì˜µì…˜ì€ ìˆ˜ì • ë°� 갱신ë� 2020ë…� 종합 ì£¼ì‹ ì¸ì„¼í‹°ë¸Œ 계íšì—� ë”°ë¼ 12개월ì—� ê±¸ì³ ë™ì¼í•� 비율ë¡� 권리가 부여ë©ë‹ˆë‹¤. ì� ì´ë‹ˆì…”티브를 알리ëŠ� ë³´ë„ìžë£ŒëŠ� 2025ë…� 8ì›� 5ì¼ì— 발표ë˜ì–´ ë¶€ì†ì„œ 99.1ë¡� 제출ë˜ì—ˆìŠµë‹ˆë‹�.

재무 ê²°ê³¼, ì§€ì¹� ë˜ëŠ” ìžë³¸ 조달 거래ëŠ� ë³´ê³ ë˜ì§€ 않았습니ë‹�. ì´ë²ˆ ì œì¶œì€ ê±°ë²„ë„ŒìŠ¤ ë³€ê²½ì— êµ­í•œë˜ë©° ì´ì „ 공시ì—는 ì˜í–¥ì� 미치지 않습니다.

Silo Pharma (SILO) a déposé un formulaire 8-K pour annoncer un virage stratégique vers les actifs numériques. Le 4 août 2025, le conseil d'administration a créé un Conseil consultatif en cryptomonnaies composé de jusqu'à trois membres afin d'accompagner une nouvelle stratégie de trésorerie en cryptomonnaies adoptée récemment. Le conseil a simultanément nommé Corwin Yu comme premier conseiller et conclu un accord lui octroyant 45 000 options d'achat d'actions à un prix d'exercice de 0,7757 $. Les options se débloquent en 12 tranches mensuelles égales selon le Plan d'incitation au capital omnibus modifié et révisé de 2020. Un communiqué de presse annonçant cette initiative a été publié le 5 août 2025 et déposé en tant que pièce 99.1.

Aucun résultat financier, prévision ou opération de levée de fonds n'a été rapporté. Le dépôt se limite à des changements de gouvernance et ne modifie pas les divulgations antérieures.

Silo Pharma (SILO) reichte ein 8-K ein, um eine strategische Neuausrichtung hin zu digitalen Vermögenswerten bekannt zu geben. Am 4. August 2025 bildete der Vorstand einen °­°ù²â±è³Ù´Ç·Éä³ó°ù³Ü²Ô²µ²õ-µþ±ð¾±°ù²¹³Ù mit bis zu drei Mitgliedern, um die neu eingeführte Kryptowährungs-Treasury-Strategie zu begleiten. Gleichzeitig ernannte der Vorstand Corwin Yu zum ersten Berater und schloss eine Vereinbarung ab, die ihm 45.000 Aktienoptionen zu einem Ausübungspreis von 0,7757 $ gewährt. Die Optionen werden in 12 gleichen monatlichen Tranchen gemäß dem geänderten und neu gefassten Omnibus-Aktienanreizplan 2020 übertragen. Eine Pressemitteilung zur Ankündigung der Initiative wurde am 5. August 2025 veröffentlicht und als Anlage 99.1 eingereicht.

Es wurden keine Finanzergebnisse, Prognosen oder Kapitalbeschaffungstransaktionen gemeldet. Die Einreichung beschränkt sich auf Änderungen in der Unternehmensführung und ändert keine früheren Offenlegungen.

Positive
  • Strategic diversification: Establishing a Crypto Advisory Board positions SILO to leverage digital assets for treasury management.
  • Aligned incentives: Option grant ties advisor compensation to shareholder value with a staggered 12-month vesting schedule.
Negative
  • Increased volatility risk: Cryptocurrency holdings could expose SILO’s balance sheet to price swings and regulatory uncertainty.
  • Potential dilution: Issuance of 45,000 options, while small, adds incremental share count.
  • Limited disclosure: No information on planned allocation size, custody solutions, or risk controls was provided.

Insights

TL;DR: Crypto treasury plan is interesting but immaterial to valuation today.

The creation of a specialized advisory board signals management’s intent to hold or transact in digital assets, potentially altering the company’s liquidity profile and risk exposure. The 45k option award, worth roughly $35k at grant price, is de minimis relative to SILO’s float and market cap, suggesting limited dilution. Absent accompanying details on allocation size, custody, or accounting treatment, investors cannot gauge balance-sheet impact. Overall, news is strategic but not yet financially material.

TL;DR: Governance step adds expertise but raises risk-management questions.

Forming a Crypto Advisory Board is a prudent governance measure if the firm plans to hold volatile assets, aligning oversight with specialized knowledge. However, the board currently has only one member, limiting independence and breadth of expertise. Future disclosures should address internal controls, valuation policies, and regulatory compliance to reassure investors. Until those safeguards are detailed, the initiative introduces incremental operational and reputational risk.

Silo Pharma (SILO) ha presentato un modulo 8-K per comunicare un cambiamento strategico verso gli asset digitali. Il 4 agosto 2025 il Consiglio di Amministrazione ha istituito un Comitato Consultivo per le Criptovalute composto da un massimo di tre membri per guidare la nuova strategia di tesoreria basata su criptovalute. Contestualmente, il Consiglio ha nominato Corwin Yu come primo consulente e ha stipulato un accordo che gli concede 45.000 opzioni azionarie con un prezzo di esercizio di 0,7757 $. Le opzioni maturano in 12 tranche mensili uguali secondo il Piano di Incentivi Azionari Omnibus 2020 modificato e aggiornato. Un comunicato stampa che annuncia l'iniziativa è stato pubblicato il 5 agosto 2025 e depositato come Allegato 99.1.

Non sono stati riportati risultati finanziari, previsioni o operazioni di raccolta capitale. La comunicazione riguarda esclusivamente modifiche di governance e non altera le divulgazioni precedenti.

Silo Pharma (SILO) presentó un formulario 8-K para revelar un cambio estratégico hacia activos digitales. El 4 de agosto de 2025, la Junta formó un Consejo Asesor de Criptomonedas de hasta tres miembros para orientar una estrategia de tesorería basada en criptomonedas recién adoptada. Simultáneamente, la Junta nombró a Corwin Yu como primer asesor y firmó un acuerdo que le otorga 45,000 opciones sobre acciones con un precio de ejercicio de $0.7757. Las opciones se consolidan en 12 tramos mensuales iguales según el Plan de Incentivos de Capital Omnibus 2020 enmendado y restablecido. Un comunicado de prensa anunciando la iniciativa fue emitido el 5 de agosto de 2025 y presentado como Anexo 99.1.

No se reportaron resultados financieros, pronósticos ni transacciones de recaudación de capital. La presentación se limita a cambios en la gobernanza y no modifica divulgaciones previas.

Silo Pharma (SILO)ëŠ� 디지í„� ìžì‚°ìœ¼ë¡œì� ì „ëžµì � 전환ì� 공개하기 위해 8-K 보고서를 제출했습니다. 2025ë…� 8ì›� 4ì� ì´ì‚¬íšŒëŠ” 새로 채íƒí•� 암호화í 재무 ì „ëžµì� 안내하기 위해 최대 ì„� 명으ë¡� 구성ë� 암호화í ìžë¬¸ìœ„ì›íš�ë¥� 구성했습니다. ë™ì‹œì—� ì´ì‚¬íšŒëŠ” Corwin Yuë¥� ì²� 번째 ìžë¬¸ìœ„ì›ìœ¼ë¡œ 임명하고, 행사 ê°€ê²©ì´ ì� 45,000ì£� ì£¼ì‹ ì˜µì…˜ì� 부여하ëŠ� 계약ì� 체결했습니다. ì� ì˜µì…˜ì€ ìˆ˜ì • ë°� 갱신ë� 2020ë…� 종합 ì£¼ì‹ ì¸ì„¼í‹°ë¸Œ 계íšì—� ë”°ë¼ 12개월ì—� ê±¸ì³ ë™ì¼í•� 비율ë¡� 권리가 부여ë©ë‹ˆë‹¤. ì� ì´ë‹ˆì…”티브를 알리ëŠ� ë³´ë„ìžë£ŒëŠ� 2025ë…� 8ì›� 5ì¼ì— 발표ë˜ì–´ ë¶€ì†ì„œ 99.1ë¡� 제출ë˜ì—ˆìŠµë‹ˆë‹�.

재무 ê²°ê³¼, ì§€ì¹� ë˜ëŠ” ìžë³¸ 조달 거래ëŠ� ë³´ê³ ë˜ì§€ 않았습니ë‹�. ì´ë²ˆ ì œì¶œì€ ê±°ë²„ë„ŒìŠ¤ ë³€ê²½ì— êµ­í•œë˜ë©° ì´ì „ 공시ì—는 ì˜í–¥ì� 미치지 않습니다.

Silo Pharma (SILO) a déposé un formulaire 8-K pour annoncer un virage stratégique vers les actifs numériques. Le 4 août 2025, le conseil d'administration a créé un Conseil consultatif en cryptomonnaies composé de jusqu'à trois membres afin d'accompagner une nouvelle stratégie de trésorerie en cryptomonnaies adoptée récemment. Le conseil a simultanément nommé Corwin Yu comme premier conseiller et conclu un accord lui octroyant 45 000 options d'achat d'actions à un prix d'exercice de 0,7757 $. Les options se débloquent en 12 tranches mensuelles égales selon le Plan d'incitation au capital omnibus modifié et révisé de 2020. Un communiqué de presse annonçant cette initiative a été publié le 5 août 2025 et déposé en tant que pièce 99.1.

Aucun résultat financier, prévision ou opération de levée de fonds n'a été rapporté. Le dépôt se limite à des changements de gouvernance et ne modifie pas les divulgations antérieures.

Silo Pharma (SILO) reichte ein 8-K ein, um eine strategische Neuausrichtung hin zu digitalen Vermögenswerten bekannt zu geben. Am 4. August 2025 bildete der Vorstand einen °­°ù²â±è³Ù´Ç·Éä³ó°ù³Ü²Ô²µ²õ-µþ±ð¾±°ù²¹³Ù mit bis zu drei Mitgliedern, um die neu eingeführte Kryptowährungs-Treasury-Strategie zu begleiten. Gleichzeitig ernannte der Vorstand Corwin Yu zum ersten Berater und schloss eine Vereinbarung ab, die ihm 45.000 Aktienoptionen zu einem Ausübungspreis von 0,7757 $ gewährt. Die Optionen werden in 12 gleichen monatlichen Tranchen gemäß dem geänderten und neu gefassten Omnibus-Aktienanreizplan 2020 übertragen. Eine Pressemitteilung zur Ankündigung der Initiative wurde am 5. August 2025 veröffentlicht und als Anlage 99.1 eingereicht.

Es wurden keine Finanzergebnisse, Prognosen oder Kapitalbeschaffungstransaktionen gemeldet. Die Einreichung beschränkt sich auf Änderungen in der Unternehmensführung und ändert keine früheren Offenlegungen.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 4, 2025

 

Silo Pharma, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   001-41512   27-3046338
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

677 N. Washington Boulevard

Sarasota, FL

  34236
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (718) 400-9031

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Rule 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of exchange on which registered
Common Stock, par value $0.0001 per share   SILO   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 8.01 Other Events.

 

On August 4, 2025, the Board of Directors (“Board”) of Silo Pharma, Inc. (the “Company”) approved the establishment of a cryptocurrency advisory board (the “Crypto Advisory Board”) which will initially consists of up to three (3) members in connection with the Company’s cryptocurrency treasury strategy. On August 4, 2025, the Board appointed Corwin Yu as the initial member of the Crypto Advisory Board.

 

In connection with this initiative, on August 4, 2025, the Company entered into an advisory agreement with Corwin Yu, pursuant to which Mr. Yu will serve on the Crypto Advisory Board. In consideration of Mr. Yu’s services, the Company has agreed to grant him options to purchase 45,000 shares of its common stock at an exercise price of $0.7757 under its Amended and Restated 2020 Omnibus Equity Incentive Plan, which options will vest in 12 equal monthly installments.

 

On August 5, 2025, the Company issued a press release announcing the launch of a cryptocurrency treasury strategy, the establishment of the Crypto Advisory Board and the appointment of Mr. Yu thereto. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit   Description
99.1   Press Release dated August 5, 2025
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SILO PHARMA, INC.
     
Date: August 5, 2025 By: /s/ Eric Weisblum
    Eric Weisblum
    Chief Executive Officer

 

2

 

FAQ

Why did Silo Pharma (SILO) file an 8-K on August 5, 2025?

To announce the formation of a Cryptocurrency Advisory Board and the appointment of Corwin Yu as its first member.

How many options did Corwin Yu receive from Silo Pharma?

He was granted 45,000 options at an exercise price of $0.7757, vesting monthly over one year.

What is the purpose of Silo Pharma’s new Crypto Advisory Board?

To guide the company’s cryptocurrency treasury strategy as it considers holding or transacting in digital assets.

Does the 8-K include any financial results or earnings guidance?

No. The filing is limited to governance changes and contains no earnings or revenue data.

Will the option grant significantly dilute Silo Pharma shareholders?

The 45,000 options represent a minor percentage of outstanding shares, so immediate dilution is limited.

When was the related press release issued?

Silo Pharma issued the press release on August 5, 2025, filed as Exhibit 99.1.
Silo Pharma Inc

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Biotechnology
Pharmaceutical Preparations
United States
SARASOTA