other material
confidence high
sentiment neutral
materiality 0.65
HealthLynked enters equity line for up to 30M shares; issues 895K commitment shares to Yorkville
HealthLynked Corp
- Standby Equity Purchase Agreement with YA II PN allows sale of up to 30M shares at 96% of Market Price.
- Issued 895,255 commitment shares upfront; paid $10,000 structuring fee.
- Note Purchase Agreement provides up to $550,000 promissory note at 0% interest (5% OID), repayable in 5 monthly installments.
- Proceeds to be used for working capital and general corporate purposes.
- Company to file registration statement covering shares issuable to Yorkville.