secwatch.observer — SEC 8-K summary
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Issuer:     Medicus Pharma Ltd. (MDCX)
CIK:        0001997296
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0001062993-25-011991
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Medicus Pharma issues third debenture for $2.5M, completing $5M Yorkville facility
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1997296/000106299325011991/0001062993-25-011991-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1997296/000106299325011991/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-25-011991

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