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Item 1.01 Entry Into a Material Definitive Agreement

On June 15, 2022, Inhibrx, Inc. (the "Company") and Oxford Finance LLC("Oxford") entered into a fifth amendment (the "Fifth Amendment") to the Loanand Security Agreement between the Company and Oxford, dated as of July 15,2020, as amended by the First Amendment dated November 12, 2020, the SecondAmendment dated December 15, 2020, the Third Amendment dated June 18, 2021, andthe Fourth Amendment dated February 18, 2022, (collectively, the "Oxford LoanAgreement").

The Fifth Amendment amends and restates the Fifth Draw Period and Sixth DrawPeriod (each as defined in the Fourth Amendment) to end on the earlier of (i)June 30, 2022 and (ii) the occurrence of an Event of Default (as defined in theLoan and Security Agreement).

Except as noted above, the terms of the Oxford Loan Agreement remain unchanged.

The foregoing description of the Fifth Amendment is qualified in its entirety byreference to the Fifth Amendment attached as Exhibit 10.1 to this Current Reporton Form 8-K and is incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under anOff-Balance Sheet Arrangement of a Registrant

The information set forth in Item 1.01 of this Current Report on Form 8-K isincorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

Edgar Online, source Glimpses

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INHIBRX, INC. : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet...