Brief: Ocean Biomedical Announces Loan Commitment From Largest Stockholder Up To $10 Mln
04/10/2023 13:14
Oct 4 (Reuters) - Ocean Biomedical Inc OCEA.O :
* OCEAN BIOMEDICAL ANNOUNCES LOAN COMMITMENT FROM LARGEST
STOCKHOLDER; UP TO $10 MILLION
* OCEAN BIOMEDICAL INC - THERE WILL BE NO RESTRICTIONS ON
USE OF
PROCEEDS AND INTEREST WOULD BE PAYABLE IN CASH
* OCEAN BIOMEDICAL INC - CONVERSION PRICE WILL BE $10.34 PER
SHARE, SUBJECT TO CERTAIN POTENTIAL ADJUSTMENTS
Source text for Eikon: ID:nGNX5KZn53
Further company coverage: OCEA.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Ocean Biomedical
See all newsTrump's shipbuilding plan could upend ocean cargo industry, companies warn
Brief: Ocean Biomedical Announces Breakthrough Findings In EGFR-Mutant Lung Cancer
Brief: Ocean Biomedical Announces Receipt Of Notice From Nasdaq Regarding Late Filing Of Quarterly Report On Form 10-Q
Brief: Ocean Biomedical receives Nasdaq staff determination letter
Brief: Ocean Biomedical- Ratified Fully Countersigned Copy Of Revised Agreement With Virion Therapeutics Received On Sept 26