debt
confidence high
sentiment neutral
materiality 0.50
Apimeds extends maturity of three promissory notes to May 19, 2026
Apimeds Pharmaceuticals US, Inc.
- Amended notes from Inscobee ($100k and $150k) and Apimeds Korea ($250k), total $500k principal.
- Original maturity dates extended to May 19, 2026; interest remains 5% per annum.
- May 2024 and August 2024 notes were due May 19, 2025; March 2025 note was due Dec 31, 2026 or upon NYSE listing.
- Amendments executed on May 16, 2025, avoid imminent default on two notes.
item 1.01item 9.01