BackSummary
Clearmind Medicine amended its Securities Purchase Agreement to restore $10 million in capacity for future convertible note issuances.
Key takeaways
- Subscription Amount increased by $10 million, restoring full capacity for additional convertible notes.
- Quarterly issuance cap of $2.5 million remains in place unless otherwise agreed.
- Company has no obligation to draw down any portion of the increased capacity.
- Amendment reflects continued access to financing without minimum commitment or penalty.