Company: NDRA
Filing Date: 2025-10-30
Form Type: 424B5
Source: 0001213900-25-103705
Chunk: 36

Company: ENDRA Life Sciences Inc.
Filing Date: 2025-10-30
Form: 424B5
Chunk 36
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 Sales Agreement, on a daily basis or as otherwise
agreed upon by us and the Sales Agent. We will designate the maximum amount of shares of our common stock to be sold through the Sales
Agent on a daily basis or otherwise determine such maximum amount together with the Sales Agent, subject to certain limitations set forth
by the SEC. Subject to the terms and conditions of the Sales Agreement, the Sales Agent will use commercially reasonable efforts to sell
on our behalf all of the shares of our common stock so designated or determined. We may instruct the Sales Agent not to sell shares of
our common stock if the sales cannot be effected at or above the price designated by us in any such instruction. The Sales Agent may also
sell our common stock in negotiated transactions with our prior approval. We or the Sales Agent may suspend the offering of shares of
our common stock being made under the Sales Agreement upon proper notice to the other party.

For their services as sales agent in connection
with the sale of shares of our common stock that may be offered hereby, we will pay the Sales Agent an aggregate fee of 3.0% of the gross
sales price per share for any shares sold through it acting as our sales agent. The remaining sales proceeds, after deducting any expenses
payable by us and any transaction fees imposed by any governmental, regulatory or self-regulatory organization in connection with the
sales, will equal our net proceeds for the sale of such shares. We have agreed to reimburse the Sales Agent for certain of its expenses
in an amount not to exceed $50,000, in addition to up to $2,500 per due diligence update session and, thereafter, reasonable fees and
expenses of the Sales Agent’s incurred in conjunction of performing legal services related to the Sales Agreement for the Company.

The Sales Agent will provide written confirmation
to us no later than the opening of the trading day immediately following the day in which shares of common stock are sold by it on our
behalf under the Sales Agreement. Each confirmation will include the number of shares sold on that day, the compensation payable by us
to the Sales Agent and the proceeds to us net of such compensation.

Settlement for sales of our common stock will
occur, unless the parties agree otherwise, on the first business day following the date on which any sales were made in return for payment
of the proceeds to us net of compensation paid by us to the Sales Agent. There is no arrangement for funds to be received in an escrow,
trust or similar