BPTSY · Biophytis S.A.

Summary

Biophytis S.A. amended its bond financing agreement with Hexagon Capital Fund, increasing the maximum nominal amount from €1,000,000 to €2,000,000 and extending the subscription period from July 31, 2026, to December 31, 2027. This provides additional financing capacity to strengthen its financial structure and extend its cash runway by four months.

Key takeaways

• Maximum bond financing increased from €1,000,000 to €2,000,000
• Subscription period extended to December 31, 2027
• Drawing capacity as of February 26, 2026: €1,350,000
• €650,000 in bonds already used
• Bonds bear 12% interest, redeemable bi-monthly over 24 months
• Default repayment in shares at €0.05654 per share (110% premium over February 24, 2026 closing price)