Material Agreement (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

On August 26, 2026, Pluri Inc. (the "Company") entered into a securities purchase agreement (the "Purchase Agreement") with a certain institutional investor (the "Purchaser") pursuant to which the Company agreed to issue and sell in a registered direct offering (the "Registered Direct Offering") registered under the Securities Act of 1933, as amended (the "Securities Act"), an aggregate of (i) 1,200,000 (the "Shares") of the Company's common shares ("Common Shares") and (ii) pre-funded warrants (the "Pre-Funded Warrants") to purchase up to 1,028,940 Common Shares (such shares issuable upon exercise of the Pre-Funded Warrants, the "Pre-Funded Warrant Shares", and together with the Shares and the Pre-Funded Warrants, the "Securities"). Each Share was offered and sold at an offering price of $1.50 before deducting placement agent fees and other offering expenses, and each Pre-Funded Warrant was offered and sold at an offering price of $1.49999 which is equal to the offering price per share less the $0.00001 exercise price of each Pre-Funded Warrant, before deducting placement agent fees and other offering expenses.

Each Pre-Funded Warrant has an initial exercise price per share of $0.00001, subject to certain adjustments. The Pre-Funded Warrants are exercisable immediately and may be exercised at any time until all of the Pre-Funded Warrants are exercised in full.

Additionally, pursuant to the Purchase Agreement, the Company agreed to issue to the Purchaser, in a concurrent private placement (the "Concurrent Private Placement" and, together with the Registered Direct Offering, the "Offering"), common purchase warrants (the "Common Warrants") to purchase one Common Share for each Share or Pre-Funded Warrant purchased in the Registered Direct Offering for an aggregate of 2,228,940 Common Shares. The Common Warrants will be initially exercisable six (6) months following their issuance and will be exercisable for a period of five (5) years from the initial exercise date. The exercise price of the Common Warrants is $1.65 per share.

The Offering is expected to close on August 28, 2026. The net proceeds from the Offering are expected to be approximately $2,984,808, after deducting placement agent fees and other estimated offering expenses. The Company intends to use the net proceeds from the Offering for corporate development and general purposes and working capital.

In connection with the Offering, the Company entered into a placement agency agreement (the "Placement Agency Agreement") with A.G.P./Alliance Global Partners (the "Placement Agent"), pursuant to which the Placement Agent agreed to serve as the Company's sole placement agent in connection with the Offering. As compensation for the services provided by the Placement Agent in connection with the Offering, the Company agreed to pay the Placement Agent a cash fee of 6.50% of the gross proceeds which will be received by the Company from the sale of the securities at the closing. The Company also agreed to reimburse the Placement Agent for certain of its out-of-pocket accountable expenses incurred in connection with its services as placement agent in an amount not to exceed $50,000 in the aggregate.

The Securities were offered by the Company pursuant to the Company's shelf registration statement on Form S-3 (File No. 333-273347) declared effective by the Securities and Exchange Commission (the "SEC") on September 21, 2023 and the related prospectus supplement and accompanying prospectus.

Pursuant to the Purchase Agreement, the Company agreed that: (A) for a period of 45 days after the closing date of the Offering, the Company will not (i) issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of Common Stock or Common Stock Equivalents (as defined in the Purchase Agreement) or (ii) file any registration statement or any amendment or supplement thereto, in each case subject to certain limited exceptions; and (B) from the date of the Purchase Agreement and until six (6) month following the closing date of the Offering, the Company will be prohibited from effecting or entering into an agreement to effect any issuance by the Company or any of its subsidiaries of Common Shares or Common Share Equivalents (as defined in the Purchase Agreement) (or a combination of units thereof) involving a Variable Rate Transaction (as defined in the Purchase Agreement), provided however, that the Company may enter into and/or issue Common Shares in an "at the market offering" with A.G.P./Alliance Global Partners after 30 days following the closing date of the Offering.