VolitionRx Limited Announces $500,000 Partial Pre-Payment of Convertible Note in Cash
VolitionRx made a $500,000 cash partial prepayment on its senior secured convertible note with Lind Global Asset Management, cutting the remaining balance to $706,667 from an original $2.4 million. Under an accompanying waiver, Lind agreed not to exercise conversion rights before January 1, 2027 unless the stock closes at or above $0.275 per share, and monthly repayments for November and December 2026 were deferred.
Key figures
- Deal Value Usd
- 500000
- Conversion pause end
- January 1, 2027
- Remaining note balance
- 706667
- Original note principal
- 2400000
- Conversion pause threshold
- $0.275
- Total debt reduction since june 30
- $5.0 million
AI analysis
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