Item 1.01. Entry into a Material Definitive Agreement.

On April 29, 2022, Eargo, Inc. (the "Company") entered into a civil settlement agreement (the "Settlement Agreement") with the U.S. government to, among other things, resolve the previously announced investigation by the U.S. Department of Justice, including a $34.4 million settlement payment (excluding interest).

The foregoing description of the Settlement Agreement is qualified in its entirety by the full text of the Settlement Agreement, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.


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Item 2.02. Results of Operations and Financial Condition.

On April 29, 2022, the Company announced certain business information and financial results and guidance. A copy of the Company's press release is furnished pursuant to Item 2.02 as Exhibit 99.1 hereto.

The information in this Item 2.02, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and such information shall not be deemed to be incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

Item 7.01. Regulation FD Disclosure.

A copy of the press releases announcing the Settlement Agreement is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

The information contained in this Item 7.01, including Exhibit 99.2, is furnished herewith and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, and such information shall not be deemed to be incorporated by reference into any of the Company's filings under the Securities Act or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.




(d) Exhibits.

Exhibit
  No.       Description

10.1          Settlement Agreement.

99.1          Press Release, dated April 29, 2022, relating to certain business
            information and financial results and guidance.

99.2          Press Release, dated April 29, 2022, relating to the Settlement
            Agreement.

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

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