WINDTREE THERAPEUTICS INC /DE/ (WINT): debt financing — Windtree secures up to $520M for BNB crypto treasury; 99% of proceeds to buy BNB

WINDTREE THERAPEUTICS INC /DE/

Entered Common Stock Purchase Agreement for up to $500M equity line; additional $20M agreement with Build and Build Corp.
99% of proceeds from both issuances allocated to acquiring BNB cryptocurrency.
ELOC requires stockholder approval to increase authorized shares before company can draw.
Issued $10M convertible promissory note as commitment consideration; 5% interest, matures April 2026.
Company shifts treasury strategy to focus on BNB, citing potential blockchain value creation.

item 1.01 item 2.03 item 3.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

WINDTREE THERAPEUTICS INC /DE/ incurred convertible notes of $10,000,000 at 5% per annum maturing April 23, 2026.

Instrument: convertible notes
Principal: $10,000,000
Rate: 5% per annum
Maturity: April 23, 2026
Event: incurrence

Exact text from the filing

the Company issued a convertible promissory note (the “Commitment Note”) to the Purchaser in the amount of $10,000,000. The Commitment Note matures on April 23, 2026 (the “Maturity Date”) and will bear interest at 5% per annum on a 365-day basis, due and payable on the Maturity Date.

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

WINDTREE THERAPEUTICS INC /DE/ filing history →

Source: SEC EDGAR

accession 0001437749-25-023352

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