Termination of Material Agreement (Form 8-K)

Item 1.02 Termination of a Material Definitive Agreement.

On May 11, 2026, Artelo Biosciences, Inc. (the "Company") provided notice to R.F. Lafferty & Co., Inc. ("R.F. Lafferty") of its election to terminate that certain At-The-Market Offering Agreement, dated July 18, 2025, by and between the Company and R.F. Lafferty (the "Sales Agreement"), which termination will be effective on May 18, 2026, in accordance with the terms of the Sales Agreement. Pursuant to the Sales Agreement, the Company was entitled to offer and sell, from time to time through R.F. Lafferty, shares of its common stock, par value $0.001 per share (the "Common Stock"), having an aggregate offering price of up to $6,500,000 in an at-the-market equity offering program. Through May 11, 2026, the Company had sold an aggregate of 50,858 shares of Common Stock pursuant to the Sales Agreement, resulting in gross proceeds of $451,526.95.