debt
confidence high
sentiment neutral
materiality 0.55
Jaguar Health closes $3.45M convertible note private placement with warrants
Jaguar Health, Inc.
- Issued $3.448M aggregate principal of convertible notes; 6% interest, 3-month maturity, immediately convertible.
- Warrants to purchase up to 622,584 shares of common stock; 5-year term, exercisable immediately.
- Participants include CEO Lisa Conte, board members, and senior executives alongside institutional investors.
- H.C. Wainwright acted as exclusive placement agent; net proceeds for working capital and general corporate purposes.
- Company agreed to file a resale registration statement covering shares underlying the notes and warrants.