Brief: Lucira Health Voluntarily Terminated Its Loan And Security Agreement

Lucira Health

28/12/2022 22:07

Dec 28 (Reuters) - Lucira Health Inc  LHDX.O :
    * LUCIRA HEALTH INC -  ON DEC 21, 2022, CO REPAID IN ITS
ENTIRETY
AND VOLUNTARILY TERMINATED ITS LOAN AND SECURITY AGREEMENT,
DATED FEBRUARY 4, 2022
    * LUCIRA - LOAN AGREEMENT WAS TO MATURE ON FEB 1, 2026;
HOWEVER,
CO ELECTED TO REPAY ALL AMOUNTS OUTSTANDING UNDER LOAN AGREEMENT
USING CASH ON HAND
    * LUCIRA HEALTH INC - CO PAID AN END OF TERM CHARGE OF
$1.075
MILLION IN CONNECTION WITH TERMINATION OF LOAN AGREEMENT

Source: (https://bit.ly/3Gqvhrw)
Further company coverage:  LHDX.O 
 ((Reuters.Briefs@thomsonreuters.com;))