Precipio terminates its factoring agreement with Culain Capital Funding

Precipio, Inc.

Terminated Factoring Agreement with Culain Capital Funding, dated March 23, 2023, effective April 30, 2024.
No early termination penalties incurred in connection with the termination.
Agreement governed accounts receivable factoring financing.

item 1.02

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Precipio, Inc. terminated Factoring Agreement with Culain Capital Funding, LLC (effective 2024-04-30).

Action: termination
Counterparty: Culain Capital Funding, LLC
Effective: 2024-04-30

Exact text from the filing

On April 30, 2024, Precipio Inc. (“Precipio”) terminated the Factoring Agreement with Culain Capital Funding, LLC, dated March 23, 2023 (the “Factoring Agreement”).

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Source: SEC EDGAR

accession 0001104659-24-055829

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