ProPhase Labs enters senior secured convertible loan agreement with J.J. Astor & Co for $2.09 million principal amount
PRPH•ProPhase Labs enters loan agreement with J.J. Astor & Co.
ProPhase Labs entered a Loan Agreement with J.J. Astor & Co. on July 31, 2026 for a senior secured convertible loan.
- Original principal amount: $2.09 million tied to $1.5 million funding; net proceeds at closing $1.02 million.
- The loan is payable in weekly installments, with maturity set under the agreement’s terms.
