EX-10.1 2 ea020658401ex10-1_allarity.htm FIRST COMPREHENSIVE AMENDMENT TO AT-THE-MARKET ISSUANCE SALES AGREEMENT, DATED MAY 17, 2024

Exhibit 10.1

 

First Comprehensive Amendment

to

At-The-Market Issuance Sales Agreement

 

This First Comprehensive Amendment to At-The-Market Issuance Sales Agreement (this “Amendment”) is entered into on May 17, 2024 (the “Effective Date”) by and between Ascendiant Capital Markets, LLC (the “Agent”), and Allarity Therapeutics, Inc., a Delaware corporation (the “Company”). Defined terms used herein have the definitions assigned to them in the At-The-Market Issuance Sales Agreement between the parties dated March 19, 2024 (the “Sales Agreement”). Unless specifically amended or modified herein, the other terms of the Sales Agreement remain in full force and effect, not amended or modified, as of the date hereof.

 

1. The parties have entered into several verbal amendments to the Sales Agreement, each resulting in increases in the amount of Placement Shares that may be sold thereunder. The parties desire to comprehensively document the amendments as set forth herein.

 

2. The amount of Placement Shares that may be sold under and pursuant to the terms of the Sales Agreement is increased to $30,000,000.

 

3. Other than as set forth herein, the terms and conditions of the Sales Agreement shall remain in full force and effect.

 

If the foregoing correctly sets forth the understanding between the Company and the Agent, please so indicate in the space provided below for that purpose, whereupon this letter will constitute a binding agreement between the Company and the Agent.

  

  Very truly yours,
   
  ALLARITY THERAPEUTICS, INC. 
   
  By: /s/ Thomas H. Jensen
  Name: Thomas H. Jensen
  Title: Chief Executive Officer

 

ACCEPTED as of the date first-above written:

 

 

ASCENDIANT CAPITAL MARKETS, LLC 

   
  By: /s/ Bradley J. Wilhite
  Name:  Bradley J. Wilhite
  Title: Managing Partner