debt
confidence high
sentiment positive
materiality 0.50
VolitionRx prepays $422K to retire $7.5M convertible note; reduces equity overhang
VOLITIONRX LTD
- Prepaid ~$422,000 cash on Sept 11, 2026, fully retiring $7.5M senior secured convertible note issued to Lind Global Asset Management XII LLC (due May 20, 2027).
- All obligations under the 2025 note satisfied; no further amounts outstanding under that note.
- Separate $2.4M note from Jan 2026 (also to Lind) remains outstanding with $2,041,667 balance.
- CEO Cameron Reynolds: prepayment prevents future dilution; debt reduction remains a top priority.