debt
confidence high
sentiment neutral
materiality 0.55
Agenus extends $5.09M notes maturity, issues new warrants to existing noteholders
AGENUS INC
- Extended maturity of $5.09M senior subordinated notes from June 20, 2026 to Feb 18, 2027; interest rate unchanged.
- Extended expiration of existing warrants (2022 A, 2022 B, 2025 C) to June 25, 2031; exercise price $3.25/share.
- Issued new 2026 D Warrants to purchase 56,525 shares at $3.25/share, expiring June 25, 2031.
- Shares underlying new warrants to be registered for resale within 90 days.
- No commissions paid; issuance exempt under Section 4(2) of Securities Act.