Jaguar Health issues 481,584 shares to cut $3.4 million from Streeterville note balance
JAGX•Jaguar Health issued 481,584 common shares to Streeterville Capital on Sept. 25, 2026, reducing a secured promissory note balance by $3.4 million.
1. Share exchange
Jaguar Health issued the shares in an unregistered exchange, reducing the outstanding balance of a secured promissory note by $3.4 million. The note was originally issued on Jan. 19, 2021, with principal of $6.22 million.
2. Securities exemption
The issuance relied on the Section 3(a)(9) exemption under the Securities Act.
