Company: LENZ
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001193125-25-100630
Chunk: 84

Company: LENZ Therapeutics, Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 84
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 of certain research and development amounts incurred prior to closing of approximately $0.6 million as well as certain transition services to be provided by Graphite to Maro. Under the APA, Maro will also pay us a sub single digit percentage cash royalty of worldwide net sales of certain products incorporating the acquired technology. The royalty term will terminate on a product-by-productand country-by-countrybasis on the latest of (i) the ten (10) year anniversary of the first commercial sale of such product in such country, (ii) the expiration of the last-to-expirevalid claim of a transferred patent that covers such product in such country, and (iii) the expiration of regulatory exclusivity with respect to such product in such country. The APA also includes customary representations and warranties, covenants and indemnification obligations for a transaction of this nature. March 2024 PIPE Financing On November 14, 2023, in connection with the execution of the Merger Agreement, Graphite entered into a subscription agreement with investors. Pursuant to the subscription agreement, on the closing date of the Merger and immediately prior -44-

to the effective time of the Merger, the investors subscribed for and purchased an aggregate of 3,559,565 shares of Common Stock at a price of $15.0299 per share for aggregate gross proceeds of approximately $53.5 million. The table below sets forth the number of shares of Common Stock purchased by related party holders in the March 2024 PIPE Financing:

| Participant                            |     | Shares of 
 Common    
 Stock     |         |     | Total Purchase 
 Price ($)      |            |
|:---------------------------------------|:----|:----------|--------:|:----|:---------------|-----------:|
| Entities affiliated with RA Capital(1) |     |           | 998,009 |     | $              | 14,999,975 |
| Alpha Wave Ventures II, LP(2)          |     |           | 898,209 |     | $              | 13,499,991 |
| Sectoral Asset Management Inc.(3)      |     |           | 332,670 |     | $              |  4,999,997 |
| McCollum Living Trust(4)               |     |           |  16,633 |     | $              |    249,992 |

| (1) | Zach Scheiner, a member of the LENZ board of directors, is an affiliate of RA Capital. |

| (