debt
confidence high
sentiment neutral
materiality 0.60
Vivos Therapeutics, Inc. (VVOS): debt financing — Vivos Therapeutics issues $2.09M unsecured note, net proceeds $1.5M, weekly $70K payments
Vivos Therapeutics, Inc.
- Principal amount $2,093,340; net proceeds ~$1,500,000 after $587,340 OID and $6,000 fees.
- Weekly payments of $69,778 start December 12, 2025; full prepay by Jan 4, 2026 reduces balance by $286,140.
- Note is unsecured, no interest unless default; subsidiary Airway Integrated Management guarantees obligations.
- Proceeds for working capital and general corporate purposes; no placement agent used.
- Lender Avondale Capital is affiliate of Streeterville Capital (prior senior secured loan from June 2025).