Oblong Inc.

09/13/2024 | Press release | Distributed by Public on 09/13/2024 15:14

Material Agreement Form 8 K

Item 1.01 Entry into a Material Definitive Agreement
As reported on the Current Report on Form 8-K, filed on October 10, 2023, on October 6, 2023, Oblong, Inc. ("we" or the "Company") and certain accredited investors (the "Investors") entered into a waiver whereby the Company and Investors agreed to waive any and all provisions, terms, covenants and obligations in the Common Warrants to the extent such provisions permit the conversion or exercise of the Common Warrants, respectively, to occur at a price below $0.2792 (the "Waiver").
On September 13, 2024, the Company and Investors agreed to amend the Waiver and to delete Section 2 of the Waiver in its entirety ("Amendment to Waiver").
The foregoing description of the Amendment to Waiver does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment Waiver, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.