Vaxart receives stop work order from BARDA on Project Agreement; work halted for 90 days

Vaxart, Inc.

Received stop work order from ATI (BARDA) on Feb 21, 2025 for all efforts under Project Agreement RRPV-24-04-NGVx-003.
Exception: Company may continue per protocol follow-up for the 400-person cohort.
Stop work is effective for 90 days; ATI may cancel, extend, or terminate within that period.
Project Agreement dated June 13, 2024; no financial impact disclosed yet.

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