iAnthus extends maturity of $14M bridge notes to 2024; interest rate rises to 12%

iANTHUS CAPITAL HOLDINGS, INC.

Maturity of ~$14M senior secured bridge notes extended from Feb 2023 to Feb 2024.
Interest rate increased from 8% to 12% per annum on the notes.
Amendment fee equal to 10% of principal (approx $1.4M) added and payable at maturity.
Related-party lenders include Gotham Green, Oasis Management, and Senvest Management.
Extension avoids immediate default but raises interest costs significantly.

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