TERMINATION AGREEMENTTermination Agreement • December 7th, 2022 • Phoenix Biotech Acquisition Corp. • Blank checks
This TERMINATION AGREEMENT (this “Termination Agreement”) is entered into as of December 6, 2022 (the “Effective Date”), by and between Phoenix Biotech Acquisition Corp., a Delaware corporation (“SPAC”), OM Merger Sub Inc., a Delaware corporation (“Merger Sub”), and Intrinsic Medicine, Inc., a Delaware corporation (the “Company”). SPAC, Merger Sub and the Company are collectively referred to herein as the “Parties” and individually as a “Party”. Capitalized terms used but not defined in this Termination Agreement shall have the meanings ascribed to them in the Business Combination Agreement (as defined below).
