debt
confidence high
sentiment negative
materiality 0.60
CareView Communications suspends interest accrual on multiple series of convertible notes effective Jan 1, 2022
CareView Communications Inc
- On July 12, 2022, CareView entered into allonges suspending interest accrual on 2014-2020 convertible notes.
- Suspension covers 100% of outstanding principal for all periods beginning on or after Jan 1, 2022.
- Notes affected: 2014 HealthCor Notes, 2015 Supplemental Notes, and Eighth/Tenth/Twelfth/Thirteenth Amendment Notes.
- This follows prior amendments extending HealthCor notes maturity and issuing warrants in 2021 and 2022.