secwatch / observer
8-K filed March 8, 2023, 6:59 PM ET ticker NWBO CIK 0001072379
debt confidence high sentiment neutral materiality 0.60

NORTHWEST BIOTHERAPEUTICS INC (NWBO): debt financing — Northwest Biotherapeutics secures $11M loan from Streeterville Capital

NORTHWEST BIOTHERAPEUTICS INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

NORTHWEST BIOTHERAPEUTICS INC incurred loan of $11,005,000 with Streeterville Capital, LLC at 8% per annum maturing 22 months.

Instrument
loan
Principal
$11,005,000
Counterparty
Streeterville Capital, LLC
Rate
8% per annum
Maturity
22 months
Event
incurrence
Exact text from the filing
On March 2, 2023, Northwest Biotherapeutics, Inc. (the "Company") entered into a Commercial Loan Agreement and Note (collectively, the "Loan Agreement") with Streeterville Capital, LLC (the "Holder") in the amount of $11,005,000.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

NORTHWEST BIOTHERAPEUTICS INC entered into Loan Agreement with Streeterville Capital, LLC valued at $11,005,000 (effective 2023-03-02).

Action
entry
Agreement
credit facility
Counterparty
Streeterville Capital, LLC
Value
$11,005,000
Effective
2023-03-02
Exact text from the filing
On March 2, 2023, Northwest Biotherapeutics, Inc. (the "Company") entered into a Commercial Loan Agreement and Note (collectively, the "Loan Agreement") with Streeterville Capital, LLC (the "Holder") in the amount of $11,005,000.
View on SEC.gov

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Source: SEC EDGAR
accession 0001104659-23-030141
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