---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-056939"
form_type: "8-K"
ticker: "NTRB"
cik: "0001676047"
company_name: "NutriBand Inc."
filed_at: "2023-07-14T23:59:59+00:00"
generated_at: "2026-06-13T08:14:11.711213+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nutriband replaces $2M credit line with $5M facility at 7% for AVERSA Fentanyl

## Summary
- Secured $5M credit line at 7% interest, maturing July 13, 2026, replacing prior $2M facility.
- Funds for AVERSA™ Fentanyl FDA approval and commercial manufacturing via Kindeva Drug Delivery.
- No conversion rights; advances contingent on starting Kindeva work related to NDA filing.
- Interest payable annually each Dec 31 starting 2023; prepayment allowed without penalty.

## SEC filing metadata
- accession: 0001213900-23-056939
- form_type: 8-K
- ticker: NTRB
- cik: 0001676047
- company_name: NutriBand Inc.
- filed_at: 2023-07-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1676047/000121390023056939/0001213900-23-056939-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1676047/000121390023056939/ea181821-8k_nutriband.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-056939
- JSON: https://secwatch.observer/filing/0001213900-23-056939.json
- Plain text: https://secwatch.observer/filing/0001213900-23-056939.txt

## Key facts
- Material Agreements
  NutriBand Inc. amended a credit facility valued at $5,000,000 (effective 2023-07-13).
  - Action: amendment
  - Agreement: credit facility
  - Value: $5,000,000
  - Effective: 2023-07-13
  source text: The Company on July 13, 2023 entered into an amended three-year $5,000,000 credit line facility (replacing the $2,000,000 facility that we had entered into on March 19, 2023), drawdowns under which bear interest at the rate of 7% per annum.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1676047/000121390023056939/0001213900-23-056939-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.