Zhongchao Inc. Partial Exercise of Additional Allocation Option

Zhongchao Inc. announced the partial exercise of its Additional Allocation Option. A purchaser partially exercised the option to purchase 454,545 Class A Ordinary Shares, which were issued on August 6, 2026. Following this issuance, the Company has 8,666,755 Class A Ordinary Shares outstanding. This action stems from a securities purchase agreement entered into on July 23, 2026, related to a registered direct offering. The agreement included an option for purchasers to buy up to 200% of their initially purchased shares at US$1.10 per share within 60 days. This report is incorporated by reference into several of the Company's registration statements.