Agenus extends $24.75 million loan maturity to Nov. 2029 in Ocean 1181 amendment
AGEN•Interest and extension fee terms
Monthly interest is to be paid half in cash and half in Agenus common stock. The extension fee is set at , also split similarly.
AGEN•Monthly interest is to be paid half in cash and half in Agenus common stock. The extension fee is set at , also split similarly.
Agenus West entered a Second Loan Modification Agreement with Ocean 1181 on a promissory note originally dated Nov. 26, 2024.
Outstanding principal remains $24.75 million; maturity was extended to Nov. 30, 2029; and interest is set at 13% through maturity.
