Item 1.02. Termination of a Material Definitive Agreement.

As previously reported in the Current Report on Form 8-K dated May 7, 2020 by MoSys, Inc. (the "Company"), the Company received a $579,330 unsecured loan (the "PPP Loan") under the Paycheck Protection Program, which was established under the U.S. government's Coronavirus Aid, Relief, and Economic Security Act and is administered by the U.S. Small Business Administration ("SBA"). The PPP Loan to the Company was made through Wells Fargo Bank, N.A. (the "Lender"), and the Company entered into a Paycheck Protection Program Promissory Note and Agreement with the Lender evidencing the PPP Loan.

On June 3, 2021, the Company received a notification from the Lender that the SBA approved MoSys' PPP Loan forgiveness application for the entire PPP Loan balance of $579,330 and that the remaining PPP Loan balance is zero.

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