debt
confidence high
sentiment neutral
materiality 0.40
Eyenovia amends loan agreement to cap lender beneficial ownership at 9.99% on up to $10M conversion at $1.68/share
HYPERION DEFI, INC.
- Third Amendment caps lender beneficial ownership at 9.99% (adjustable to 19.99% with 61-day notice) on conversion of up to $10M principal.
- Conversion price unchanged at $1.68 per share for up to $10M aggregate principal under existing $15M loan facility.
- Lenders granted anti-dilution protections in fundamental transactions (merger, asset sale, recap), entitling them to same consideration as common shareholders.
item 1.01item 9.01