Corporate ActionJun 18, 2026, 05:07 PM
VolitionRx Issues 545,591 Shares to Lind for $833,332 Debt Repayment
AI Summary
VolitionRx Limited issued a total of 545,591 shares of common stock to Lind Global Asset Management XII LLC to satisfy $833,332 in payment obligations under a senior secured convertible promissory note. Specifically, 333,332 shares were issued on June 17, 2026, for a $416,666 payment, and 212,259 shares were issued on May 19, 2026, for another $416,666 payment. These shares were issued to an existing securityholder in reliance on exemptions from the Securities Act, without a public offering.
Key Highlights
- VolitionRx issued 545,591 shares of common stock to Lind Global Asset Management XII LLC.
- This satisfied $833,332 in payment obligations under a convertible promissory note.
- On June 17, 2026, 333,332 shares were issued for a $416,666 payment.
- On May 19, 2026, 212,259 shares were issued for a $416,666 payment.
- The original promissory note was for $7,500,000, dated May 15, 2025.
- Issuance relied on Section 3(a)(9) or 4(a)(2) and/or Rule 506 of Regulation D.
Price Impact
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