Co-Diagnostics amends merger agreements for ACI and IDM to enable restrictive legend removal

Co-Diagnostics, Inc.

Holders may request removal of restrictive legends on merger shares starting June 24 (ACI) or June 27 (IDM) 2022.
CODX must deliver Rule 144 opinion and instruct transfer agent within 5 trading days of a request.
Parent's Section 6.5 earnout obligations are suspended until legends removed; if removal fails, obligations resume with adjusted deadlines.
Fundamental representations of Parent expire upon legend removal, except for holders not delivering a representation letter by Jan 1, 2023.
CODX bears all legal and transfer agent fees for removing the restrictive legends.

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