debt
confidence high
sentiment neutral
materiality 0.40
ReShape Lifesciences amends convertible note, extends maturity to April 2025
Vyome Holdings, Inc
- Maturity extended to earlier of Vyome Therapeutics merger close or 90 days after Jan 14, 2025 (April 16, 2025).
- Mandatory prepayment of subsequent financing proceeds reduced from 66% to 50%.
- Investor not required to convert the note at merger closing; $45,000 cash extension fee payable at maturity.
- Amendment executed with Ascent Partners Fund LLC on $833,333.34 senior secured convertible note.