other material
confidence medium
sentiment neutral
materiality 0.60
Jaguar Health reduces royalty debt by $1.016M via equity exchanges; Q1 results released
Jaguar Health, Inc.
- Issued 60,000 shares to Iliad for $466,200 reduction in October 2020 royalty interest.
- Exchanged all 99.3822 Series J shares for Series L perpetual preferred stock with Streeterville.
- Issued 22 Series L shares to Iliad for $550,000 royalty reduction; Series L pays 0%/10%/15% preferred return.
- Q1 2025 earnings press released (financial details not provided in filing).
- Company will seek stockholder approval to exceed Nasdaq exchange cap for Series L conversions.