Item 1.01. Entry into a Material Definitive Agreement As previously disclosed, on October 20, 2025, Co-Diagnostics, Inc., a Utah corporation (the “Company”), entered into an equity distribution agreement (the “Original Equity Distribution Agreement”) with Maxim Group LLC (“Maxim”).…
Co-Diagnostics, Inc., a Utah corporation, is a molecular diagnostics company that develops, manufactures and markets state-of-the-art diagnostics technologies. The Company’s technologies are utilized for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). The Company also uses its proprietary technology to design specific tests for its Co-Dx PCR at-home and point-of-care platform (subject to regulatory review and not currently for sale) and to identify genetic markers for use in applications other than infectious disease.
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 1.01Item 1.01 - Entry into Material Agreement
Item
1.01. Entry into a Material Definitive Agreement
As
previously disclosed, on October 20, 2025, Co-Diagnostics, Inc., a Utah corporation (the “Company”), entered into an equity
distribution agreement (the “Original Equity Distribution Agreement”) with Maxim Group LLC (“Maxim”).
On
July 27, 2026, the Company and Maxim entered into an amendment to the Original Equity Distribution Agreement (the “Equity Distribution
Agreement Amendment”), which, among other things, removed the fixed aggregate dollar limitation on sales under the Original Equity
Distribution Agreement, such that future offers and sales of our Common Stock will be limited solely by the amount of Common Stock currently
registered and available for issuance under our effective registration statement.
The
offer and sale of the shares is being made pursuant to the Shelf Registration Statement (Registration No. 333-295803) and the related
prospectus supplement dated July 27, 2026 (the “Prospectus Supplement”) filed by the Company with the Securities and Exchange
Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended.
The
foregoing description of the Equity Distribution Agreement Amendment is only a summary and is qualified in its entirety by reference
to the full text of the Equity Distribution Agreement Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and
incorporated herein by reference.
In connection with the Company’s entry
into the Equity Distribution Agreement Amendment and filing of the Prospectus Supplement, the Company also agreed with the investors
under the Securities Purchase Agreement dated May 19, 2026, to extend the period during which the Company will not issue, enter into
any agreement to issue or announce the issuance or proposed issuance of any shares of Common Stock or any securities convertible into
or exercisable or exchangeable for shares of Common Stock or file any registration statement or prospectus, or any amendment or supplement
thereto to 5:00 pm Eastern Time on August 14, 2026.
The
legal opinion of Dorsey & Whitney LLP relating to the shares being offered pursuant to the Equity Distribution Agreement (as amended
by the Equity Distribution Agreement Amendment) and the Prospectus Supplement is filed as Exhibit 5.1 to this Current Report on Form
8-K.
This
Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy the shares as discussed
herein, nor shall there be any sale of the shares in any state or jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such state or jurisdiction.