debt
confidence high
sentiment negative
materiality 0.60
Jaguar Health exchanges $6.73M Streeterville debt for 729,989 shares at ~$9.22; 2025 Note fully cancelled
Jaguar Health, Inc.
- 2021 Note exchange: issued 182,091 shares to Streeterville for a $1,678,320 reduction of the secured note originally issued Jan. 19, 2021 with a $6,220,812.50 principal.
- 2025 Note exchange: issued 547,898 shares for a $5,049,909.26 reduction, fully paying off and cancelling the $10,810,000 note issued Nov. 12, 2025.
- Implied exchange price of roughly $9.22/share on 729,989 total new shares, versus ~1,463,958 shares outstanding as of Sept. 24, 2026 — about 50% dilution.
- Shares delivered via DWAC free of restrictive legends, issued under the Section 3(a)(9) exemption; Streeterville capped at 9.99% beneficial ownership.
- Original 2021 Note remains in force for its remaining balance; Streeterville is the noteholder and counterparty, Lisa A. Conte signed as Jaguar CEO.