Adicet Bio amends loan agreement to remove Adicet Shanghai shares from collateral, allow $500K transfers

Adicet Bio, Inc.

Eighth Amendment to loan with Banc of California (formerly Pacific Western Bank) dated Nov 8, 2024.
Equity interests in Adicet Shanghai removed from pledged collateral; no security interest on those shares.
Permitted investment threshold for cash transfers to Adicet Shanghai increased to $500,000 without bank approval.
Other amendments include deletion of Success Fee provisions and update of bank name to Banc of California.

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