debt
confidence high
sentiment neutral
materiality 0.40
Evofem extends Adjuvant convertible note maturity to April 2026; prepayment restricted
Evofem Biosciences, Inc.
- Notes become due on earliest of: 6 months after Oct 13, 2025 (April 13, 2026), change of control, or acceleration.
- No prepayment permitted before April 13, 2026 without Adjuvant's written consent.
- Amendment dated October 13, 2025 modifies the October 2020 Securities Purchase Agreement.
- Adjuvant Global Health Technology Fund holds the convertible promissory notes covered by the amendment.