debt
confidence high
sentiment neutral
materiality 0.50
ChronoScale extends $2M loan maturity to Nov 12, 2026; permits Ekso Bionics sale
EKSO BIONICS HOLDINGS, INC.
- Term loan of $2.0M outstanding extended to Nov 12, 2026 from Sept 12, 2026 via amendment with B. Riley Commercial Capital.
- Amendment allows sale of Guarantor Ekso Bionics, Inc. as Permitted Disposition, auto-releasing Lender's liens on sold assets/capital stock.
- Waiver dated Apr 23, 2026: Proposed Financing does not accelerate maturity but qualifies as Qualified Financing for conversion right.
- Loan Parties confirm $2M principal outstanding and no defenses; all other Note terms unchanged.