Item 1.01 Entry into a Material Definitive Agreement.
On
The material obligations of the Company under the Second Addendum include:
? license payment of approximately$137,000 by the Company to Melior (this payment was made onJuly 29, 2022 ); ? maintaining the full-time employment of its Chief Scientific Officer; and ? raising$500,000 in working capital.
The foregoing summary of the material terms of the form of the Second Addendum is not complete and is qualified in its entirety by reference to the full text thereof, a copy of which is filed herewith as Exhibit 10.1, and incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description 10.1 Second Addendum to the License Agreement 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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