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AMENDMENT NO. 1

Key Takeaway: Intellia Therapeutics, Inc. has executed Amendment No. 1 to the Open Market Sale Agreement with Jefferies LLC. This amendment updates specific terms of the original agreement dated March 4, 2022, including adjustments to financial references and contact information. The company is also required to file a Prospectus Supplement reflecting these changes within two business days. The agreement will continue to be governed by New York law.

Market Sentiment Analysis

POSITIVE FACTORS

  • Amendment could enhance capital raising capabilities for Intellia Therapeutics.
  • Formalizing changes may improve operational clarity in future agreements.

Full Press Release Details

AMENDMENT NO. 1 TO THE OPEN MARKET SALE AGREEMENTSM
New York, New York 10022
Ladies and Gentlemen:
This Amendment No. 1
to the Open Market Sale AgreementSM, dated as of February 23, 2024, is entered into by and between Intellia Therapeutics, Inc. (the Company ) and Jefferies LLC (the
Agent ). Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to them in the Sales Agreement (as defined below).
WHEREAS, the Company and the Agent have entered into that certain Open Market Sale
AgreementSM, dated March 4, 2022 (the Sales Agreement ), with respect to the issuance and sale of the Common Shares; and
WHEREAS, the Company and the Agent desire to amend the Sales Agreement as set forth herein.
NOW, THEREFORE, in consideration of the foregoing, the Company and the Agent hereby amend the Sales Agreement as follows:
1. The preamble on page 1 of the Sales Agreement shall be amended such that the reference to $400,000,000 shall be
2. The first sentence of the Issuance Notice attached as Exhibit A to the Sales Agreement is amended to add the
words , as amended on February 23, 2024 immediately after March 4, 2022 .
3. Section 8(d) of the Sales
Agreement shall be amended such that the reference to
Boston, Massachusetts 02210
Attention: Arthur McGivern, Esq.
Attention: Michael Bison, Esq.
4. Schedule A of the Sales Agreement shall be amended such that the reference to John
5. The Company shall file a Prospectus
Supplement pursuant to Rule 424(b) of the Securities Act of 1933, as amended, reflecting this Amendment within two Business Days of the date hereof.
6. This Amendment shall be and is hereby incorporated in and forms a part of the Sales Agreement.
7. This Amendment shall be effective as of the date first above written.
8. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument. Delivery of an executed Amendment by one party to the other may be made by facsimile or electronic transmission.
9. This Amendment shall, by this express agreement of the parties, be governed by, and construed and enforced in accordance with, the laws of
the State of New York, without regard to the conflicts of law provisions of the laws of the State of New York. The Company and the Agent each hereby consents to the application of New York civil law to the construction, interpretation and
enforcement of this Amendment, and to the application of New York civil law to the procedural aspects of any suit, action or proceeding relation thereto, including but not limited to legal process, execution of judgments and other legal remedies.
10. Except as set forth herein, the Sales Agreement shall remain in full force and effect.
[Signature Pages Follow]
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of
the date first above written.
INTELLIA THERAPEUTICS, INC.
By /s/ John M. Leonard
Name: John M. Leonard
Title: Chief Executive Officer and President
JEFFERIES LLC
By /s/ Michael Magarro
Name: Michael Magarro
Title: Managing Director

Frequently Asked Questions

When was this Amendment No. 1 executed?

The Amendment was executed on February 23, 2024.

Which sections of the Sales Agreement were amended?

Sections 1, 3, and 4 among others were amended in this agreement.

What is the purpose of filing a Prospectus Supplement?

It's to reflect the changes made by this Amendment within two business days.

What laws govern this Amendment?

This Amendment is governed by the laws of the State of New York.

Last updated: Feb 23, 2024