Brief: TherapeuticsMD Secures $15 Million Equity Investment From Rubric Capital

TherapeuticsMD

01/08/2022 11:56

Aug 1 (Reuters) - TherapeuticsMD Inc  TXMD.O :
    * THERAPEUTICSMD SECURES $15 MILLION EQUITY INVESTMENT FROM
RUBRIC
CAPITAL
    * THERAPEUTICSMD - ALSO REACHES AGREEMENT WITH SIXTH STREET
PARTNERS TO EXTEND MATURITY DATE OF ITS FINANCING AGREEMENT TO
SEPTEMBER 30, 2022
    * THERAPEUTICSMD - OPTION TO FURTHER EXTEND MATURITY DATE
UNTIL
OCT 31, 2022 &  NOV 30, 2022 IF IT RECEIVES ADDITIONAL EQUITY OF
$7 MILLION PER EXTENSION
    * THERAPEUTICSMD INC - FOLLOWING CLOSING OF TRANSACTION,
RUBRIC
WILL OWN APPROXIMATELY 18.3% OF COMPANY'S COMMON STOCK

Source text for Eikon:  ID:nBw6ZtVFTa 
Further company coverage:  TXMD.O 

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