secwatch.observer — SEC 8-K summary
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Issuer:     AGENUS INC (AGEN)
CIK:        0001098972
Form:       8-K
Filed at:   2026-08-18T20:30:14+00:00
Accession:  0001193125-26-355559
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Agenus amends loan: $24.75M principal, maturity extended to Nov 2029, 13% interest
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- Second Loan Modification Agreement with Ocean 1181 LLC executed Aug 12, 2026; Third Amended and Restated Promissory Note issued.
- Outstanding principal remains $24,750,000; maturity extended to November 30, 2029; interest rate 13.0% per annum.
- Monthly interest payments continue: one-half cash, one-half in Agenus common stock.
- Extension fee of $247,500 paid one-half cash and one-half in common stock; shares issued under Section 4(a)(2)/Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098972/000119312526355559/0001193125-26-355559-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098972/000119312526355559/agen-20260812.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-355559

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