debt
confidence high
sentiment negative
materiality 0.75
Eyenovia amends debt facility, issues 1.9M shares to lenders, CFO resigns
HYPERION DEFI, INC.
- First Amendment defers principal & interest payments on $10.1M facility until end of Feb 2025; deferred interest added to principal.
- Issued 1,901,733 shares to lenders at ~$0.1052/sh (based on VWAP) as part of the amendment, raising $200k.
- CFO Andrew Jones departed Nov 22; CEO Michael Rowe appointed Principal Financial Officer, Treasurer, Secretary.
- Jones will serve as part-time consultant through Dec 31, 2024, receiving $20,000.