Astrotech Corporation

12/13/2024 | Press release | Distributed by Public on 12/13/2024 05:04

Material Agreement Form 8 K

Item 1.01. Entry into a Material Definitive Agreement.
As previously disclosed, on December 21, 2022, Astrotech Corporation, a Delaware corporation (the "Company"), entered into a Rights Agreement (the "Rights Agreement") with Equiniti Trust Company (f/k/a American Stock Transfer & Trust Company, LLC), a New York limited liability company, as rights agent (the "Rights Agent"), as amended by that certain Amendment No. 1, entered into by and between the Company and the Rights Agent on December 18, 2023.
On December 12, 2024, the Company entered into Amendment No. 2 to the Rights Agreement between the Company and the Rights Agent (the "Amendment"), which amends the Rights Agreement. The Amendment extends the Final Expiration Date (as defined in the Rights Agreement) to 5:00 P.M., New York City time, on December 20, 2025, unless the Final Expiration Date is further extended by the Company or the rights subject to the Rights Agreement (the "Rights") are earlier redeemed or exchanged by the Company in accordance with the terms of the Rights Agreement. All other terms and conditions of the Rights Agreement remain unchanged.
The Rights are in all respects subject to and governed by the provisions of the Rights Agreement, as amended by the Amendment. The descriptions of the Rights Agreement and the Amendment are qualified in their entirety by reference to the full text of the Rights Agreement and the Amendment, copies of which are attached hereto as Exhibit 4.1, Exhibit 4.2 and Exhibit 4.3, respectively, and each of which is incorporated herein by reference.