Ardelyx draws $50M Term F Loan from SLR Investment Corp. for general corporate purposes

ARDELYX, INC.

Received $50.0M Term F Loan on June 29, 2026, under existing loan agreement with SLR Investment Corp.
Maturity July 1, 2030; interest rate of 4.55% + greater of 1-month SOFR or 3.5%.
Interest-only payments until maturity; proceeds for general corporate purposes and strategic initiatives.
Loan contains customary events of default; default interest rate of 4.0% per annum.

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