Company: SINT
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010496
Chunk: 29

Company: Sintx Technologies, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 8
Chunk 29
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 per share. The
aggregate proceeds from the April 5 Offering were approximately $1.5 million before deducting placement agent fees
and other offering expenses payable by us.

On February 2, 2024, we closed a public offering of 80,000 units, with each unit consisting of one share of its common stock, or one pre-funded warrant to purchase
one share of its common stock, one Class E Warrant with each warrant entitled to purchase one share of common stock, and one Class F
Warrant with each warrant entitled to purchase one share of common stock. Each unit was sold at a public offering price of $50.00. The
Class E and Class F Warrants were immediately exercisable at a price of $50.00 per share. The Class E Warrants expire five years from
the date of issuance and the Class F Warrants expire eighteen months from the date of issuance. Of the $4.0 million of gross proceeds,
approximately $0.6 million were allocated to common stock and prefunded warrants ($0.5 million net of offering costs) and approximately
$3.4 million were allocated to derivative liabilities (with approximately $0.5 million of cash offering costs and $0.1 million of agent
warrant offering costs recorded as derivative expense).

22

On February 25, 2021, we entered into an Equity Distribution Agreement
( the “ATM Agreement”) with Maxim Group LLC (the “Agent”) as sales agent, as amended on January 10, 2023 and October
12, 2023, pursuant to which we could offer and sell shares of our common stock, par value $0.01 per share (the “Shares”),
initially up to an aggregate offering price of $15,000,000, from time to time in an at-the-market public offering. On March 22, 2024,
we suspended sales under the ATM Agreement and terminated the continuous offering. On July 11, 2024, we filed a Prospectus Supplement
with the SEC adjusting the amount available for sale under the ATM Agreement to $3.1 million and shortly thereafter begin offering and
selling Shares under the ATM Agreement to the public. During the year ended December 31, 2024, 602,357 Shares were sold under the ATM
Agreement for gross proceeds of approximately $3.7 million. Because we are subject to General Instruction I.B.6 of Form S-3, we are restricted
from