debt
confidence high
sentiment neutral
materiality 0.60
Silexion retires $880K convertible note with $400K cash and 277,777 shares
Silexion Therapeutics Corp
- Agreed to retire $880,202.20 outstanding convertible note issued to EarlyBirdCapital; pays $400K cash plus $15K legal fees.
- Issues 277,777 ordinary shares to EBC as part of conversion; shares registered under Form S-1.
- Any remaining balance after cash and net proceeds from share sales to be settled in further cash payment.
- Note originally dated Aug 15, 2024 for $1.25M, due Dec 31, 2025; now fully retired after this agreement.