As previously reported in a Current Report on Form 8-K filed by the Company on April 10, 2024, Sixth Borough Capital Fund, LP (? Sixth Borough?) loaned $230,000 to Aditxt, Inc. The loan was evidenced by an unsecured promissory note (the ? Note?).

Pursuant to the terms of the Note, it will accrue interest at the Prime rate of eight and one-half % (8.5%) per annum and is due on the earlier of April 19, 2024 or an event of default, as defined therein. As previously reported in a Current Report on Form 8-K filed by the Company on May 9, 2024, at which point the balance of the loan was $35,256.03, Sixth Borough loaned an additional $20,000 to the Company bringing the balance of the loan to $55,256.03. The loan was evidenced by an unsecured promissory note (the ?

Upsize Note?). Pursuant to the terms of the Upsize Note, it will accrue interest at the 15.0% per annum and is due on the earlier of June 9, 2024 (the ? Maturity Date?) or an event of default, as defined therein.

As a result of the Company?s failure to repay the balance on the Maturity Date, the Company is in default on the Upsize Note and the unpaid principal and interest thereon is due and payable. The Company is in discussions with Sixth Borough to come to an amicable resolution, however, no assurance can be given that the parties will reach an amicable resolution on a timely basis, on favorable terms, or at all. If the Company is unable to resolve the default, it may have an adverse effect on the Company?s liquidity, financial condition and results of operations.