Execution Version
STOCK PURCHASE AGREEMENT
This Stock Purchase Agreement (this “Agreement”) is entered into as of April 30, 2026, by and between Aura Biosciences, Inc., a Delaware corporation (the “Company”), and Matrix Capital Management Master Fund, LP (“Seller”).
WHEREAS, Seller desires to sell to the Company, and the Company desires to purchase from Seller, shares of common stock, par value $0.00001 per share (the “Common Stock”), of the Company on the terms and conditions set forth herein (the “Repurchase”);
WHEREAS, the audit committee (the “Audit Committee”) of the board of directors of the Company (the “Board”), consisting solely of independent and disinterested directors of the Board, and the disinterested members of the Board have evaluated the transactions contemplated by this Agreement pursuant to the Company’s related person transaction policy and the Audit Committee’s charter;
WHEREAS, the Board (acting upon the recommendation of the Audit Committee) has unanimously (i) determined that this Agreement and the Repurchase (as defined below), are advisable, fair to, and in the best interests of, the Company and the holders of Common Stock, and (ii) approved this Agreement, the execution and delivery by the Company of this Agreement, the performance by the Company of the covenants and agreements contained herein and the consummation of the Repurchase and the other transactions contemplated hereby and thereby upon the terms and subject to the conditions contained herein;
WHEREAS, the Board (acting upon the recommendation of the Audit Committee) has (i) determined that this Agreement and the transactions contemplated hereby, including the Repurchase and the related Registered Equity Offering (as defined below) are advisable, fair to, and in the best interests of, the Company and the holders of Common Stock, (ii) declared this Agreement and the transactions contemplated hereby and the related Registered Equity Offering advisable and (iii) approved this Agreement, the execution and delivery by the Company of this Agreement, the performance by the Company of the covenants and agreements contained herein and the consummation of the Repurchase and related Registered Equity Offering and the other transactions contemplated hereby and thereby upon the terms and subject to the conditions contained herein;
WHEREAS, the Company will conduct an underwritten offering of newly issued Common Stock (the “Newly Issued Shares”) registered with the U.S. Securities and Exchange Commission (the “Registered Equity Offering”), in part, to finance the Repurchase of the Repurchased Shares (as defined below) contemplated by this Agreement; and
WHEREAS, the Company intends to use the Allocated Net Proceeds (as defined below), and, if applicable, the Allocated Shoe Proceeds (as defined below) from the Registered Equity Offering, to fund the Repurchase.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows: