04/02/2026 | Press release | Distributed by Public on 04/02/2026 13:41
Item 1.01 - Entry into a Material Definitive Agreement
On March 31, 2026, Milestone Scientific Inc. (the "Company") entered into an amendment (the "Amendment") to the Amended and Restated Memorandum of Understanding, dated January 13, 2026 (the "MOU"), with Innovest S.p.A., as the holder of certain consent/blockage rights with respect to BP4 S.r.l., a society' a responsibility' limitation in liquidation ("BP4"). According to BP4, it was then the owner of 11.31% of the outstanding shares of common stock of the Company
The Amendment amends the MOU to, among other things, revise the definition of "Qualified Offering" and "Other Locked-Up Parties" in order to facilitate an offering by the Company.
A copy of the Amendment is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
The foregoing description of the material terms of the MOU does not purport to be complete and is qualified in its entirety by reference to such an exhibit.