Soligenix repays $10M Pontifax loan early, terminates Loan and Security Agreement

SOLIGENIX, INC.

Repaid all outstanding obligations under the December 2020 Loan Agreement with Pontifax Medison Finance.
No prepayment penalty incurred; all related liens and security interests released.
Loan was originally $10 million, originated on December 15, 2020.
Shlomo Karako, Partner of the Lenders, praised positive collaboration and professionalism.
Company and subsidiaries terminated the Loan Agreement effective February 5, 2025.

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