Brief: NovaBay Pharmaceuticals Says Entered Second Amendment To Certain Promissory Note

Stablecoin Development

15/05/2020 22:04

May 15 (Reuters) - NovaBay Pharmaceuticals Inc  NBY.A :
    * NOVABAY PHARMACEUTICALS- ON MAY 14, CO ENTERED INTO SECOND
AMENDMENT TO THAT CERTAIN PROMISSORY NOTE, DATED FEB 27, 2019
PAYABLE TO PIONEER PHARMA
    * NOVABAY PHARMACEUTICALS- INTEREST PAYMENT WAS AMENDED FROM
PAYMENT OF $300,000 TO DELIVERY OF 65,178 UNITS OF NEUTROPHASE
TO PIONEER PHARMA
    * NOVABAY PHARMACEUTICALS- IS PREPAYING THE $ 1MLN PRINCIPAL
BALANCE OF NOTE USING PROCEEDS RAISED THROUGH CERTAIN ATM EQUITY
OFFERINGS DATED APRIL 27

Source text: (https://bit.ly/3bEbh1I)
Further company coverage:  NBY.A 

 ((Reuters.Briefs@thomsonreuters.com;))