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Longevity Health issues $416,667 10% senior secured convertible note to Puritan Partners

PUBT·09/04/2026 21:04:23
語音播報
Longevity Health issues $416,667 10% senior secured convertible note to Puritan Partners
  • Longevity Health entered a securities purchase agreement with Puritan Partners for a 10% Senior Secured Convertible Note due Feb. 29, 2028.
  • Issued USD 416,667 principal with a 10% original issue discount for USD 375,000; proceeds earmarked for working capital.
  • Note pays 10% cash interest monthly; converts at USD 0.5 per share, with an alternative 80% lookback price if shares trade below.
  • Deal allows up to two additional notes totaling USD 277,778, subject to conditions; the third note is at Puritan’s discretion.
  • Obligations are first-lien secured by substantially all assets; default rate rises to 15% with payoff at 115% or 125%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Longevity Health Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-029714), on September 04, 2026, and is solely responsible for the information contained therein.