INOVIO PHARMACEUTICALS, INC. Common Stock EQUITY DISTRIBUTION AGREEMENTEquity Distribution Agreement • August 27th, 2010 • Inovio Pharmaceuticals, Inc. • Surgical & medical instruments & apparatus • New York
Inovio Pharmaceuticals, Inc., a Delaware corporation (the “Company”) proposes, subject to the terms and conditions stated herein, to issue and sell through or to Roth Capital Partners, LLC, as sales agent or principal (“Roth”), on the terms set forth in this distribution agreement (this “Agreement”), shares of its authorized but unissued shares of its common stock, par value $0.001 per share, having an aggregate gross sales price of up to $25,000,000 (the “Shares”). The shares of common stock, par value $0.001 per share, of the Company to be outstanding after giving effect to the sales contemplated hereby are hereinafter referred to as the “Common Stock”.
