debt
confidence high
sentiment neutral
materiality 0.60
Venus Concept draws $2M tenth delayed drawdown from Madryn facility
Venus Concept Inc.
- Borrowed $2,000,000 on July 21, 2025 under the existing Loan and Security Agreement with Madryn.
- Interest rate of 12% per annum; all principal and accrued interest due at maturity.
- Proceeds used for general working capital purposes.
- This is the tenth drawdown; total committed amount is up to $23,237,906.85.
item 1.01item 9.01