secwatch / observer
8-K filed February 10, 2023, 6:59 PM ET ticker SER CIK 0001708599
debt confidence high sentiment neutral materiality 0.50

AgeX Therapeutics amends convertible note with Juvenescence, adds $2M incremental borrowing capacity

Serina Therapeutics, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Serina Therapeutics, Inc. entered into Reaffirmation and Amendment Agreement with Juvenescence Limited (effective 2023-02-09).

Action
entry
Counterparty
Juvenescence Limited
Effective
2023-02-09
Exact text from the filing
In connection with the Amended Note, AgeX and Juvenescence entered into a Reaffirmation and Amendment Agreement (the "Reaffirmation Agreement") pursuant to which AgeX reaffirmed its obligations under certain agreements between AgeX and Juvenescence that originally pertained to the Original Note, including but not limited to (i) the Security Agreement, (ii) a Registration Rights Agreement, as amended, and (iii) a Warrant Agreement.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Serina Therapeutics, Inc. entered into Amended and Restated Secured Convertible Promissory Note with Juvenescence Limited valued at additional $2,000,000 (effective 2023-02-09).

Action
entry
Agreement
notes offering
Counterparty
Juvenescence Limited
Value
additional $2,000,000
Effective
2023-02-09
Exact text from the filing
On February 9, 2023, AgeX and Juvenescence Limited ("Juvenescence") entered into an Amended and Restated Secured Convertible Promissory Note (the "Amended Note") which amends and restates a February 14, 2022 Secured Convertible Promissory Note (the "Original Note") and provides that AgeX may borrow up to an additional $2,000,000 from Juvenescence until May 9, 2023 subject to Juvenescence’s discretion to approve each loan draw.
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Serina Therapeutics, Inc. filing history →

Source: SEC EDGAR
accession 0001493152-23-004279
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