debt
confidence high
sentiment neutral
materiality 0.40
Medicus Pharma issues third debenture for $2.5M, completing $5M Yorkville facility
Medicus Pharma Ltd.
- On June 17, 2025, issued third debenture to YA II PN, Ltd. for $2.5M principal, net proceeds $2.25M.
- Total aggregate principal from three debentures now $5M; net proceeds to Company $4.5M.
- Debentures bear 8% annual interest (18% upon default), mature February 2, 2026, guaranteed by subsidiaries.
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