---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-120867"
form_type: "8-K"
ticker: "HYPD"
cik: "0001682639"
company_name: "HYPERION DEFI, INC."
filed_at: "2024-11-20T23:59:59+00:00"
generated_at: "2026-05-29T21:57:32.331846+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Eyenovia reports $0.7M cash, $10.1M debt; in restructuring talks with Avenue Capital

## Summary
- Cash and cash equivalents of $0.7M as of November 19, 2024; $10.1M principal and accrued interest due under Loan and Security Agreement.
- Loan interest rate is greater of 7.0% or prime rate plus 4.45%; maturity date November 1, 2025.
- Company in discussions with Avenue Capital Management to restructure the outstanding debt.
- Also evaluating strategic options including business combination, reverse merger, or asset sales.
- Significant liquidity shortfall raises going-concern risk without restructuring or new capital.

## SEC filing metadata
- accession: 0001104659-24-120867
- form_type: 8-K
- ticker: HYPD
- cik: 0001682639
- company_name: HYPERION DEFI, INC.
- filed_at: 2024-11-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682639/000110465924120867/0001104659-24-120867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682639/000110465924120867/tm2428958d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-120867
- JSON: https://secwatch.observer/filing/0001104659-24-120867.json
- Plain text: https://secwatch.observer/filing/0001104659-24-120867.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.