Stereotaxis Announces Up to $24 Million Convertible Note Financing

• Stereotaxis entered definitive agreements for up to $24 million in convertible note financing.
• Financing includes an initial $12 million closing, with another $12 million available at its option following certain regulatory milestones.
• The notes carry 10% annual interest, accrued and payable at maturity in three years.
• Conversion price is $1.21 per share, a 30% premium to the stock's 10-day volume-weighted average price before closing.
• Proceeds will support working capital, product commercialization and research and development, alongside general corporate purposes.

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. Stereotaxis Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611101601PRIMZONEFULLFEED9874729) on November 10, 2026, and is solely responsible for the information contained therein.