Surrozen enters ATM equity offering agreement for up to $50M with TD Cowen

Surrozen, Inc./DE

Sales Agreement with TD Securities (USA) LLC to sell up to $50M of common stock at-the-market or in negotiated transactions.
TD Cowen will receive a 3% commission on gross proceeds from shares sold.
Offering is made under existing S-3 registration statement and prospectus supplement dated August 29, 2025.
Surrozen is not obligated to sell any shares; agreement may be terminated by either party on written notice.
Cooley LLP issued a legal opinion on the validity of the shares, filed as Exhibit 5.1.

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