debt
confidence high
sentiment neutral
materiality 0.75
Jaguar Health issues 481,584 shares to Streeterville to cut 2021 Note by $3.4 million
Jaguar Health, Inc.
- Jaguar Health entered Sept. 25, 2026 exchange agreements with Streeterville Capital to issue 481,584 common shares for a $3,400,000 reduction of its 2021 Note.
- The 2021 Note originally had a principal amount of $6,220,812.50; the exchange leaves the remaining note balance in force.
- Shares were issued under Section 3(a)(9) and will be delivered free of restrictive legend, per the exchange agreement.
- Jaguar reported about 1,945,542 common shares outstanding as of Sept. 25, 2026, so the exchange shares equal roughly 24.8% of that count.
- Streeterville agreed it is not an affiliate and will not beneficially own more than 9.99% after receiving the shares.