Brief: Athersys Restructures Debt With Supplier
May 23 (Reuters) - Athersys Inc ATHX.O :
* ATHERSYS RESTRUCTURES DEBT WITH SUPPLIER
* ATHERSYS - UNDER NEW AGREEMENT, CO WILL PAY SUPPLIER $11.8
MILLION IN MONTHLY CASH PAYMENTS OF $250,000 EACH, BEGINNING
OCTOBER 2023
* ATHERSYS INC - HAS ISSUED $15 MILLION CONVERTIBLE NOTE
Source text for Eikon: ID:nBw4p5X8Va
Further company coverage: ATHX.O
((reuters.briefs@thomsonreuters.com;))
Recent news on Athersys
See all newsBrief: Athersys Anticipates Terminating Remaining Employees, Effective December 31
Brief: Athersys Extends Near Term Liquidity With Proceeds From Warrant Inducement
U.S. STOCKS ON THE MOVE-Hyatt Hotels, Walmart, Maxeon
U.S. STOCKS ON THE MOVE-Olema Pharma, Akamai Technologies, US banks
Athersys hits record low on flagging bankruptcy risk