Brief: Apyx Medical Says Entered Into Amendment To Credit Agreement And Guaranty

Apyx Medical

08/11/2024 13:20

Nov 8 (Reuters) - Apyx Medical Corp  APYX.O :
    * APYX MEDICAL: ON NOV 7 CO ENTERED INTO AMENDMENT NO.1 TO
CREDIT
AGREEMENT AND GUARANTY
    * APYX MEDICAL: CO SHALL NOT PERMIT OR ALLOW OPERATING
EXPENSES TO
EXCEED $40 MILLION FOR 2025 & $45 MILLION FOR 2026
    * APYX MEDICAL: UNDER AGREEMENT, CO TO RECEIVE $5 MILLION
NET CASH
PROCEEDS, ISSUE 150,000 SHARES TO PERCEPTIVE

Source text:  ID:n0001493152-24-044154 
Further company coverage:  APYX.O 

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