Company: SINT
Filing Date: 2025-02-26
Form Type: 8-K
Source: 0001493152-25-008277
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Company: Sintx Technologies, Inc.
Filing Date: 2025-02-26
Form: 8-K
Item: Item 1.01
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Item
1.01 Entry into a Material Definitive Agreement

Private
Placement Transaction

On
February 20, 2025, SINTX Technologies, Inc., a Delaware corporation (the “ Company”), entered into a private placement transaction
(the “ Private Placement”), pursuant to a Securities Purchase Agreement (the “ Purchase Agreement”) with certain
institutional and accredited investors (the “ Purchasers”) for aggregate gross proceeds of $5.0 million, before deducting
fees to the placement agent and other expenses payable by the Company in connection with the Private Placement. The Company intends to
use the net proceeds from the Private Placement for general corporate purposes and working capital. H. C. Wainwright & Co. (“ Wainwright”),
acted as the exclusive placement agent for the Private Placement, which closed on February 25, 2025.

As
part of the Private Placement, the Company issued (i) 1,171,189 shares of the Company’s common
stock (the “ Shares”), par value $0.01 per share (“ Common Stock”), (ii) pre-funded warrants to purchase 278,098
shares of Common Stock (the “ Pre-Funded Warrants”) with an exercise price of $0.0001 per share, and (iii) warrants to purchase
1,449,287 shares of Common Stock (the “ Common Warrants,” together with the Pre-Funded Warrants, the “ Warrants”)
(the Warrants, together with the Shares and Warrant Shares (as defined below), the “ Securities”) with an exercise price of
$3.32 per share. The purchase price per share of Common Stock and the associated Common Warrant was $3.45 and the purchase price per
Pre-Funded Warrant and associated Common Warrant was $3.4499. The Common Warrants are exercisable immediately and expire five- and one-half
years from issuance. The Pre-Funded Warrants are exercisable immediately and terminate when exercised in full.

The
Pre-Funded Warrants were sold, in lieu of shares of Common Stock, to any Purchaser whose purchase of shares of Common Stock would otherwise
result in such Purchaser, together with its affiliates and certain related parties, beneficially owning more than 4.99% (or, at such
Purchaser’s option upon issuance, 9.99%) of the Company’s outstanding Common Stock after giving effect to the issuance of
the Securities on the closing date of the Private