Item 1.02.

Termination of a Material Definitive Agreement.

On April 8, 2024, in connection with, and concurrently upon, the consummation of the Merger (as defined below), the Company terminated (i) all commitments and repaid in full all outstanding obligations due under the Credit Agreement, dated as of December 12, 2022, by and among the Company, as borrower, the Company's subsidiaries named as guarantors therein, Royal Bank of Canada, in its capacity as the administrative agent, and the lenders named therein, as amended, (ii) all commitments and repaid in full all outstanding obligations due under the subordinated promissory note, dated as of August 13, 2021, by and among the Company, as borrower, and IriSys, Inc., as seller, as amended, and (iii) the Company's 2018 Amended and Restated Equity Incentive Plan, the Company's 2013 Equity Incentive Plan and the Company's 2008 Stock Option Plan, each as amended.

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Societal CDMO Inc. published this content on 08 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2024 15:09:03 UTC.