debt
confidence high
sentiment neutral
materiality 0.65
Bluejay Diagnostics raises $2M in senior secured notes with equity kicker
Bluejay Diagnostics, Inc.
- Entered NPA for $1M note (repayable $1,176,470) and SPA for $1M notes plus 580,308 shares, both due Sept 2024.
- First lien security interest granted on substantially all assets; closings expected June 3, 2024.
- Must file registration statement within 14 days and complete public offering within 90 days, or default.
- Aegis Capital Corp. served as placement agent for the transactions.