Brief: Acura Pharmaceuticals Inc Receives $200,000 Loan From Abuse Deterrent Pharma

Acura Pharmaceuticals

13/07/2023 14:09

July 13 (Reuters) - Acura Pharmaceuticals Inc  ACUR.PK :
    * ACURA PHARMACEUTICALS INC - ON JULY 10, 2023, RECEIVED A
$200,000 LOAN FROM ABUSE DETERRENT PHARMA
    * ACURA PHARMACEUTICALS INC - FUNDING PROVIDED BY AD PHARMA
WILL
BE USED FOR OPERATIONS THROUGH MID-AUGUST 2023
    * ACURA PHARMACEUTICALS - IN ABSENCE OF RECEIPT OF
ADDITIONAL
FINANCING BY MID-AUGUST 2023, WE WILL BE REQUIRED TO SCALE BACK
OR TERMINATE OPERATIONS
    * ACURA PHARMACEUTICALS - IN ABSENCE OF RECEIPT OF
ADDITIONAL
FINANCING BY MID-AUGUST , MIGHT BE REQUIRED TO SEEK PROTECTION
UNDER BANKRUPTCY LAWS
    * ACURA PHARMACEUTICALS INC - AT JULY 1, 2023, AD PHARMA
DIRECTLY
OWNS APPROXIMATELY 66% OF OUTSTANDING COMMON STOCK OF COMPANY

Further company coverage:  ACUR.PK 

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