UNDERWRITING AGREEMENTUnderwriting Agreement • October 22nd, 2020 • Isoray, Inc. • Surgical & medical instruments & apparatus • New York
Isoray Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions contained herein, to sell to you and the other underwriters named on Schedule I (the “Underwriters”) to this Underwriting Agreement (this “Agreement”), for whom you are acting as Representative (the “Representative”), (i) an aggregate of 18,269,230 shares (the “Shares”) of the Company’s common stock, $0.001 par value per share (the “Common Stock”), and (ii) warrants (the “Warrants”) to purchase up to an aggregate of 9,134,615 shares of Common Stock (the “Warrant Shares”). The respective amounts of the Shares and Warrants to be purchased by each of the several Underwriters are set forth opposite their names on Schedule I hereto. The Shares, the Warrants and the Warrant Shares are collectively called the “Securities”. The Shares and the Warrants shall be sold together as a fixed combination, each consisting of one Share and one Warrant to purchase 0.5 Warrant Shares. The Shares, the Warrant
