---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-027947"
form_type: "8-K"
ticker: "AGEN"
cik: "0001098972"
company_name: "AGENUS INC"
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T03:13:15.926694+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Agenus amends $10.5M notes, issues warrants at $3.25; maturity extended to July 2026

## Summary
- Extended maturity of $10.5M 2015 Notes from Feb 2025 to July 2026; interest rate raised from 8% to 9%.
- Issued new C Warrants to purchase 67,500 shares at $3.25/exercise price, expiring Feb 2030.
- Amended A and B Warrants for 97,500 shares: extended expiration to Feb 2030, exercise price reset to $3.25.
- Obligation secured by subordinate mortgage on properties owned by subsidiary Agenus West, LLC.
- Expects to address remaining $2.5M payment of 2015 Notes via a new financing in the near term.

## SEC filing metadata
- accession: 0000950170-25-027947
- form_type: 8-K
- ticker: AGEN
- cik: 0001098972
- company_name: AGENUS INC
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098972/000095017025027947/0000950170-25-027947-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098972/000095017025027947/agen-20250220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-027947
- JSON: https://secwatch.observer/filing/0000950170-25-027947.json
- Plain text: https://secwatch.observer/filing/0000950170-25-027947.txt

## Key facts
- Debt Financings
  AGENUS INC amended senior notes of $10.5 million at increased from 8% to 9% per annum maturing July 20, 2026.
  - Instrument: senior notes
  - Principal: $10.5 million
  - Rate: increased from 8% to 9% per annum
  - Maturity: July 20, 2026
  - Event: amendment
  source text: extended the maturity date of $10.5 million of senior subordinated promissory notes previously issued in 2015 (the “2015 Notes”) by sixteen months from February 20, 2025 to July 20, 2026; • increased the interest rate under the 2015 Notes from 8% to 9% per annum
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098972/000095017025027947/0000950170-25-027947-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.