DB Capital Partners Healthcare, L.P. c/o Robert T. Dhamer DBC I, LLC Brownsville, TX 78520 (the “Purchaser”) Re: Securities Purchase Agreement Dear Sirs and Madams:
Exhibit 10.1
19 April 2024
DB Capital Partners Healthcare, L.P.
c/o Xxxxxx X. Xxxxxx
DBC I, LLC
0000 Xxxxxxx Xxxxx
Brownsville, TX 78520
(the “Purchaser”)
Re: Securities Purchase Agreement
Dear Sirs and Madams:
Reference is made to the securities purchase agreement between Renalytix plc (the “Company”) and the Purchaser dated 5 April 2024 (the “Securities Purchase Agreement”). The Purchaser has notified the Company by serving a Subsequent Tranche Notice on 18 April 2024 of their election to purchase 1,333,334 Ordinary Shares (the “Subsequent Tranche Shares”) for a total subsequent tranche purchase price of $500,000.25 (the “Notice”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Securities Purchase Agreement.
The Company and the Purchaser agreed that the allotment and issue of the Subsequent Tranche Shares shall take place on April 22, 2024. In order to achieve this, the Securities Purchase Agreement will be amended on the terms set out in this letter.
By countersigning this letter agreement, you agree with us that, with effect on and from the date that you countersign this letter agreement, the Securities Purchase Agreement and, as applicable, the Notice shall be amended on the terms set out below:
The Securities Purchase Agreement and this letter agreement shall be read together and shall have the same effect as if the Securities Purchase Agreement and this letter agreement were contained in one document. Except as expressly modified by this letter agreement, the terms and obligations of the Securities Purchase Agreement and the Notice remain unchanged and the Securities Purchase Agreement and the Notice shall continue in full force and effect.
This letter agreement shall be governed by, and construed in accordance with, the laws of the State of New York, without regard to principles of conflicts of law thereunder.
If you are in agreement with the foregoing, please have this letter agreement executed by your authorized representative and return a copy to the undersigned.
Yours sincerely
/s/ Xxxxx XxXxxxxxxx
Xxxxx XxXxxxxxxx
Director of Renalytix plc
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Confirmed and agreed to:
For and on behalf of DB Capital Partners Healthcare, X.X. Xx: /s/ Xxxxxx X. Xxxxxx Xxxx: Xxxxxx X. Dhamer Title: Manager
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