Clearside Biomedical receives additional $3M from Healthcare Royalty; reduces royalty cap

Clearside Biomedical, Inc.

Company entered Omnibus Amendment with Healthcare Royalty Partners; received $3.0M for remaining SCS Microinjector assets.
Royalty threshold for expiration reduced from $110.5M to $106.5M; potential lower future payments.
Purchaser waived right to foreclose on Seller capital stock in specified circumstances.
All other terms of original 2022 Purchase/Sale and Contribution Agreements remain unchanged.

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