Exhibit 1.4
AMENDMENT NO. 2
TO
CONTROLLED EQUITY OFFERINGSM SALES AGREEMENT
November 2, 2023
Cantor Fitzgerald & Co.
110 E. 59th St., 6th Floor
New York, NY 10022
Stifel, Nicolaus & Company, Incorporated
787 7th Avenue, 11th Floor
New York, NY 10019
Ladies and Gentlemen:
Cerus Corporation (the “Company”), Cantor Fitzgerald & Co. (“Cantor”) and Stifel, Nicolaus & Company, Incorporated (“Stifel”, each of Cantor and Stifel individually an “Agent” and collectively, the “Agents”) are parties to that certain Controlled Equity OfferingSM Sales Agreement, dated December 11, 2020, as amended by Amendment No. 1 to Controlled Equity OfferingSM Sales Agreement, dated March 1, 2023 (as amended, the “Original Agreement”). All capitalized terms not defined herein shall have the meanings ascribed to them in the Original Agreement. The parties hereto, intending to be legally bound, hereby amend the Original Agreement as follows:
1. With respect to issuances of Placement Shares that occur on or after the date hereof, reference to the “Registration Statement” in the Original Agreement shall refer to the shelf registration statement on Form S-3, originally filed with the Securities and Exchange Commission on November 2, 2023, and any post-effective amendment thereto, including all documents filed as part thereof or incorporated by reference therein, and including any information contained in a Prospectus subsequently filed with the Commission pursuant to Rule 424(b) under the Securities Act Regulations or deemed to be a part of such registration statement pursuant to Rule 430B of the Securities Act Regulations.
2. The reference to “December 11, 2020” set forth in Schedule 1 of the Original Agreement is revised to read “December 11, 2020 (as amended by Amendment No. 1 to Controlled Equity OfferingSM Sales Agreement, dated March 1, 2023, and Amendment No. 2 to Controlled Equity OfferingSM Sales Agreement, dated November 2, 2023)”.
3. Section 1 of the Original Agreement is hereby deleted in its entirety and replaced with the following:
1. Issuance and Sale of Shares. The Company agrees that, from time to time during the term of this Agreement, on the terms and subject to the conditions set forth herein, it may issue and sell through or to the Agents, as sales agent or principal, shares of common stock (the “Placement Shares”) of the Company, par value $0.001 per share (the “Common Stock”); provided, however, that in no event shall the Company issue or sell through the Agents such number or dollar amount of Placement Shares that would (a) exceed the number of authorized but unissued shares of Common Stock (less shares of Common Stock issuable upon exercise, conversion or exchange of any outstanding securities of the Company or otherwise reserved from the Company’s authorized capital stock), (b) exceed the number or dollar amount of shares of Common Stock