debt
confidence high
sentiment neutral
materiality 0.55
NORTHWEST BIOTHERAPEUTICS INC (NWBO): debt financing — NW Biotherapeutics enters $5.5M loan agreement with Streeterville Capital
NORTHWEST BIOTHERAPEUTICS INC
- Loan amount $5,505,000; maturity 22 months; interest 8% p.a.; 10% original issue discount.
- No payments for first 8 months; 14 equal monthly installments start June 2026 at 110% pro rata principal plus interest.
- Prepayment allowed with 10% charge; funds used for ongoing business operations.
- Loan includes customary default provisions and potential acceleration.