Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AGENUS INC amended senior notes of $13.0 million with existing noteholders maturing February 20, 2025.
- Instrument
- senior notes
- Principal
- $13.0 million
- Counterparty
- existing noteholders
- Maturity
- February 20, 2025
- Event
- amendment
Exact text from the filing
On November 30, 2022, Agenus Inc. (the “Company”) entered into an Amendment to Notes, Termination of Warrants and Sale of New Warrants (the “Amendment”) with existing noteholders, pursuant to which the Company: • extended the maturity date of the $13.0 million senior subordinated promissory notes previously issued by the Company to such noteholders in 2015 (the “2015 Notes”) by two years from February 20, 2023 to February 20, 2025;
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
AGENUS INC amended Amendment to Notes, Termination of Warrants and Sale of New Warrants with existing noteholders valued at $13.0 million (effective 2022-11-30).
- Action
- amendment
- Agreement
- notes offering
- Counterparty
- existing noteholders
- Value
- $13.0 million
- Effective
- 2022-11-30
Exact text from the filing
On November 30, 2022, Agenus Inc. (the “Company”) entered into an Amendment to Notes, Termination of Warrants and Sale of New Warrants (the “Amendment”) with existing noteholders, pursuant to which the Company: • extended the maturity date of the $13.0 million senior subordinated promissory notes previously issued by the Company to such noteholders in 2015 (the “2015 Notes”) by two years from February 20, 2023 to February 20, 2025; • terminated the warrants held by such noteholders to purchase 1,300,000 shares of the Company’s common stock previously issued in 2015; • terminated the warrants held by such noteholders to purchase 650,000 shares of the Company’s common stock previously issued in 2020; and • issued to such noteholders new warrants to purchase 1,300,000 shares of the Company’s common stock that will expire February 20, 2026 and issued new warrants to purchase 650,000 shares of the Company’s common stock that will expire February 20, 2028, all such warrants having an exercis
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