Fluent, Inc. entered into securities purchase agreements with certain accredited investors, including Ryan Schulke for issuance of 1,743,499 pre-funded warrants at a price of $3.384 per pre-funded warrant for aggregate gross proceeds of $5,900,000.616 on May 13, 2024. The pre-funded warrants have an exercise price of $0.005 per share of common stock, will be immediately exercisable after stockholder approval of the private placement and will terminate when exercised in full. The exercise of the pre-funded warrants is subject to stockholder.