- Azitra, Inc. entered into a **Modification Agreement** with Alumni Capital LP on **August 26, 2025**, to amend their existing Purchase Agreement.  **[1701478_0001493152-25-012476_ex10-1.htm:0]** **[1701478_0001493152-25-012476_form8-k.htm:1]** 
- The original Purchase Agreement, dated April 24, 2025, allowed Alumni Capital LP to purchase up to **$20 million** of Azitra's common stock, with a commitment period ending on **December 31, 2026**.  **[1701478_0001493152-25-012476_ex10-1.htm:0]** **[1701478_0001493152-25-012476_form8-k.htm:1]** 
- The modification introduces new options for Azitra to sell shares, allowing purchases up to **$750,000** per transaction (or up to **$4 million** with mutual agreement).  **[1701478_0001493152-25-012476_form8-k.htm:1]** 
- The pricing for these purchases can be either **90% of the lowest daily volume-weighted average price** over a 5-business day period (Purchase Notice Option 1) or **97% of the lowest traded price** on the same business day (Purchase Notice Option 2).  **[1701478_0001493152-25-012476_form8-k.htm:1]** **[1701478_0001493152-25-012476_ex10-1.htm:1]**

Azitra (AZTR)