October 28, 2024 VIA EMAIL DELIVERY: Mr. Adiv Baruch, Chairman Mr. Danny Hardon, CEO Ariel Scientific Innovations Ltd. Ariel University Ariel 40070 Israel Re: Royalty and License Fee Sharing Agreement dated as of November 30, 2019 ( the “Agreement”)...

EXHIBIT 10.39

October 28, 2024

VIA EMAIL DELIVERY:

Xx. Xxxx Xxxxxx, Chairman

Xx. Xxxxx Xxxxxx, CEO

Ariel Scientific Innovations Ltd.

Ariel University

Ariel 40070 Israel

Re: Royalty and License Fee Sharing Agreement dated as of November 30, 2019 ( the “Agreement”)

Gentlemen:

An Exit Event as defined by the above caption Agreement has occurred whereby Qrons has agreed to enter into a merger agreement.  Pursuant to Paragraph 2, Qrons is issuing to Ariel University 3% of its issued and outstanding shares. Qrons currently has 13,949,789 such shares and will issue to Ariel 418,494 shares to be deposited into Ariel’s account at the Company’s Transfer Agent.

The issuance of the shares and the Qrons’ merger agreement terminates Qrons’ obligations under the Agreement, thus terminating the Agreement.

We thank Ariel University and its staff for its long-term support of our Company and wish the University much success.

Sincerely

/s/ Xxxxx Xxxx

Xxxxx Xxxx

Chief Executive Officer

Cc: Xx. Xxx Xxxxxxx, President

Qrons Inc. | 00-00 Xxxxxxx Xxxxxx, #00X, Xxxx Xxxxxx Xxxx, XX 00000 | 212.945.2080 | xxxx@xxxxx.xxx | xxxxx.xxx