Item 1.01. Entry into a Material Definitive Agreement.

Amendment to Amended Inventory Financing Addendum

On December 30, 2021, Marrone Bio Innovations, Inc. (the "Company") entered into a First Amendment (the "Amendment") to the Company's Amended Inventory Financing Addendum (the "Addendum") dated as of January 6, 2020 with LSQ Funding Group, L.C. ("LSQ").

The Amendment increases the maximum amount the Company is allowed to request as an advance under the Addendum from $3,000,000 to $4,500,000. Following this Amendment, the Addendum allows the Company to request an advance up to the lesser of (i) 100% of the Company's unpaid finished goods inventory; (ii) 65% of the appraised value of the Company's inventory performed on or on behalf of LSQ; or (iii) $4,500,000. All other terms of the Addendum remain unchanged.

The Amendment and the Addendum are filed herewith as Exhibits 10.1 and 10.2, respectively, and are incorporated herein by reference, and the foregoing descriptions are qualified in their entirety by the terms contained therein.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.




Item 8.01. Other Events.

On January 6, 2022, the Company issued a press release announcing the Amendment. A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.





Exhibit
Number                                  Description

 10.1       Amendment No. 1 dated as of December 30, 2021, to Amended Inventory
          Financing Addendum

 10.2       Amended Inventory Financing Addendum, dated as of January 6, 2020, to
          Invoice Purchase Agreement dated March 24, 2017 (incorporated by
          reference to Exhibit 10.2 to the Company's Current Report on Form 8-K
          filed January 9, 2020)

 99.1       Press release dated January 6, 2022

  104     Cover Page Interactive Data File (embedded within the Inline XBRL
          document)

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