debt
confidence high
sentiment negative
materiality 0.70
Aditxt issues $212.5K senior notes at 10% OID, adjourns annual meeting for reverse split vote
Aditxt, Inc.
- Issued senior unsecured notes: $212,500 principal for $170,000 (20% OID), 10% interest, matures Sept 30, 2025.
- All gross proceeds from future ATM/equity-line stock sales must be used to repay the notes.
- Annual meeting adjourned to Sept 23, 2025 for votes on board, auditor, and reverse stock split (1:5 to 1:250).
- Notes include events of default: trading suspension, payment failure, bankruptcy, and $500K+ debt defaults.
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