Enlivex Ltd. announced the completion of a $21 million debt financing (DF) agreement with The Lind Partners in Nes-Ziona, Israel. The transaction, which closed on March 23, includes notes convertible into ordinary shares at a 264% premium to recent Nasdaq closing prices.
🧭 FAQs• What is the total value of the new debt financing agreement? Enlivex secured $21 million in debt financing from an institutional investor in New York.
• How many RAIN tokens did the company acquire in this local transaction? The company exercised an option to purchase 3,030,303,030 tokens at a significant market discount.
• How much capital is allocated for the local share repurchase program? The board of directors approved a program to repurchase up to $20 million in shares.
