BIO-PATH HOLDINGS, INC. (BPTH): debt financing — Bio-Path issues $100K promissory note with default conversion at 65% of bid price

BIO-PATH HOLDINGS, INC.

Net proceeds of $87,000 after $13,050 original issue discount; note principal $100,050.
12% interest; payments begin Sep 30, 2025 ($56,028), then four monthly $14,007 payments.
On default, note payable at 150% of outstanding plus 22% default interest.
Upon default, lender may convert to common at 65% of lowest closing bid over prior 10 trading days.
Company had 8,308,007 shares outstanding; conversion shares unregistered under Reg D.

item 1.01 item 2.03 item 3.02 item 9.01

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

BIO-PATH HOLDINGS, INC. incurred debt of $100,050 with 1800 Diagonal Lending LLC at twelve percent.

Principal: $100,050
Counterparty: 1800 Diagonal Lending LLC
Rate: twelve percent
Event: incurrence

Exact text from the filing

Lending LLC, a Virginia limited liability company (the “Lender”), an accredited investor, for the issuance and sale of a promissory note in the aggregate principal amount of $100,050 (the “Note”) for a purchase price of $87,000 after deducting the original issue discount of $13,050. The Note bears a one-time interest charge of twelve percent that is applied on

View on SEC.gov

102 debt financings filed in the last 30 days. Browse all debt financings →

BIO-PATH HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001104659-25-029376

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.