ImmunityBio obtains $176.4M judgment against Sorrento confirmed by court; $159.4M payable to subsidiary

ImmunityBio, Inc.

LA County Superior Court confirms $176.37M arbitration award against Sorrento; $159.42M payable to ImmunityBio subsidiary NantCell.
Court grants injunction barring Sorrento from overseas transfers >$1M and insider transfers until award is paid.
Judgment includes 10% post-judgment interest; arbitrator previously awarded $173.5M with prejudgment interest.
ImmunityBio intends to pursue collection vigorously but provides no assurance on full recovery or timing.
Other disputes between ImmunityBio affiliates and Sorrento remain pending; Company will defend claims.

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