International Stem Cell CORP amended loan of $2,500,000 with Dr. Andrey Semechkin at 5.5% per annum maturing September 15, 2026.
“On September 15, 2025, International Stem Cell Corporation (the “Company”) and Dr. Andrey Semechkin agreed to extend (until September 15, 2026) the maturity date of the loan (in the principal amount of $2,500,000) from Dr. Semechkin to the Company that had been reflected in a promissory note dated September 15, 2024 (the “Original Note”), and which would have been due on September 15, 2024.”