On July 20, 2020, InflaRx N.V. entered into a Sales Agreement with SVB Leerink LLC that provides for sales of common shares of the Company pursuant to an “at-the-market” offering. Arnd Christ has notified the Company of his decision to resign as Chief Financial Officer in order to pursue a new opportunity. Mr. Christ will continue to serve as Chief Financial Officer during the notice period under his employment agreement with the Company.