Onconetix, Inc. (ONCO): debt financing — Onconetix issues $118K Keystone note, extends Veru note to Aug 14, 2025; director resigns

Onconetix, Inc.

Issued $117,647 promissory note to Keystone Capital with $17,647 OID, due March 6, 2026 or upon ELOC proceeds.
Amended Veru September note: principal increased $100K to $5.1M, maturity extended to August 14, 2025.
Director Ajit Singh resigned effective August 10, 2025.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Onconetix, Inc. incurred loan of aggregate principal amount of $117,647.06 with Keystone Capital Partners, LLC at does not initially bear interest...any amounts due which are not paid when due s maturing due and payable upon the earlier of (i) the Company's receipt of sufficient proceeds from its equity line of credit with Keystone and (ii) March 6, 2026.

Instrument: loan
Principal: aggregate principal amount of $117,647.06
Counterparty: Keystone Capital Partners, LLC
Rate: does not initially bear interest...any amounts due which are not paid when due s
Maturity: due and payable upon the earlier of (i) the Company's receipt of sufficient proceeds from its equity line of credit with Keystone and (ii) March 6, 2026
Event: incurrence

Exact text from the filing

On August 6, 2025, Onconetix, Inc. (the “ Company ”) issued a promissory note (the “ Keystone Note” ) to Keystone Capital Partners, LLC (“ Keystone ”) with original issue discount of $17,647.06, in an aggregate principal amount of $117,647.06.

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Onconetix, Inc. amended debt of principal amount owed to Veru was increased by $100,000 to an aggregate principal amount of $5.1 million with Veru Inc. at non-interest bearing maturing maturity date was amended to August 14, 2025.

Principal: principal amount owed to Veru was increased by $100,000 to an aggregate principal amount of $5.1 million
Counterparty: Veru Inc.
Rate: non-interest bearing
Maturity: maturity date was amended to August 14, 2025
Event: amendment

Exact text from the filing

the September Veru Note (as amended and restated, the “ A&R September Veru Note ”). Pursuant to the A&R September Veru Note, the principal amount owed to Veru was increased by $100,000 to an aggregate principal amount of $5.1 million, and the maturity date was amended to August 14, 2025. All other terms of the September Veru Note remained the same. The above

View on SEC.gov

91 debt financings filed in the last 30 days. Browse all debt financings →

Onconetix, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-074952

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.