Other Information
−Removed: None of the Company’s directors or officers adopted, modified, or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement during the Company’s fiscal quarter ended June 30, 2024.
−Removed: Effective August 13, 2024, the Board appointed Alexander Tokman as the Company’s acting Chief Executive Officer and Chairman of the Board of Directors.
−Removed: In connection with his appointment, Mr.
−Removed: Tokman and the Company entered into and employment agreement, dated August 13, 2024 (the “Employment Agreement”).
−Removed: Tokman’s employment with the Company is “at will” and may be terminated by him or the Company at any time and for any reason.
−Removed: Pursuant to the Employment Agreement, Mr.
−Removed: Tokman will receive an annual base salary of $300,000, subject to adjustment at the Board’s discretion.
−Removed: Tokman is also eligible for an annual cash bonus based upon the achievement of performance-based objectives established by the Board of Directors.
−Removed: Tokman’s employment is terminated by the Company without cause (as defined in the Company’s 2016 Omnibus Incentive Plan, as amended), if Mr.
−Removed: Tokman resigns for good reason (as defined in the Employment Agreement), or if Mr.
−Removed: Tokman’s employment ends following the hiring no later than February 13, 2026 of a replacement chief executive officer whom Mr.
−Removed: Tokman assists in recruiting, Mr.
−Removed: Tokman will be entitled to receive, subject to his execution of a standard release agreement, 12 months’ continuation of his current base salary and a lump sum payment equal to 12 months of continued healthcare coverage (or 24 months’ continuation of his current base salary and a lump sum payment equal to 24 months of continued healthcare coverage if such termination occurs within one year following a change in control).
−Removed: Additionally, under the Employment Agreement, Mr.
−Removed: Tokman is eligible to receive benefits that are substantially similar to those of the Company’s other senior executive officers.
−Removed: The foregoing description of the Employment Agreement does not purport to be complete and is subject to, and qualified in its entirety by the full text of the Employment Agreement, which will be filed as an exhibit with the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2024.
+Added: None of the Company’s directors or officers adopted, modified, or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement during the Company’s fiscal quarter ended September 30, 2024.
Fourth Amended and Restated Certificate of Incorporation of the Company (incorporated by reference to Exhibit 3.2 to the Company’s Current Report on Form 8-K filed on May 12, 2017)
1 unchanged sentence
Certificate of Amendment to the Fourth Amended and Restated Certificate of Incorporation of the Company (incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed on August 9, 2024)
+Added: Certificate of Amendment to the Fourth Amended and Restated Certificate of Incorporation of the Company (incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed on November 5, 2024)
Amended and Restated Bylaws of the Company (incorporated by reference to Exhibit 3.4 to the Company’s Registration Statement on Form S-1 (File No.
4 unchanged sentences
Form of Pre-Funded Warrant (incorporated by reference to Exhibit 4.4 to the Company’s Registration Statement on Form S-1 filed on May 10, 2024)
−Removed: Form of Amendment to Series A Warrant
−Removed: Form of Amendment to Series B Warrant
+Added: Form of Amendment to Series A Warrant (incorporated by reference to Exhibit 3.8 to the Company’s Form 10-Q filed on August 14, 2024)
+Added: Form of Amendment to Series B Warrant (incorporated by reference to Exhibit 3.9 to the Company’s Form 10-Q filed on August 14, 2024)
+Added: Employment Agreement, dated August 13, 2024, by and between the Company and Alexander Tokman
Certification of Periodic Report by Chief Executive Officer pursuant to Rule 13a-14(a)/15d-14a and pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (filed herewith)
2 unchanged sentences
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (furnished herewith)
−Removed: XBRL Instance Document (filed herewith)
−Removed: XBRL Taxonomy Schema (filed herewith)
−Removed: XBRL Taxonomy Extension Calculation Linkbase (filed herewith)
−Removed: XBRL Taxonomy Extension Definition Linkbase (filed herewith)
−Removed: XBRL Taxonomy Extension Label Linkbase (filed herewith)
−Removed: XBRL Taxonomy Extension Presentation Linkbase (filed herewith)
+Added: XBRL Instance Document
+Added: XBRL Taxonomy Schema
+Added: XBRL Taxonomy Extension Calculation Linkbase
+Added: XBRL Taxonomy Extension Definition Linkbase
+Added: XBRL Taxonomy Extension Label Linkbase
+Added: XBRL Taxonomy Extension Presentation Linkbase
* Indicates management compensatory plan, contract or arrangement.
−Removed: † Filed herewith.
+Added: † Filed or furnished herewith.
+Added: # To be filed by amendment.
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ENDRA LIFE SCIENCES INC.
−Removed: August 14, 2024
+Added: November 19, 2024
/s/ Alexander Tokman
3 unchanged sentences
ENDRA LIFE SCIENCES INC.
−Removed: August 14, 2024
+Added: November 19, 2024
/s/ Richard Jacroux
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.