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BRIEF-Progenity Reduces Outstanding Debt By $20.175 Mln Through A Private Exchange Of $20.175 Million Of Its 7.25% Convertible Senior Notes Due 2025 For Shares Of Common Stock

reuters · Oct 26, 2021 07:59

Oct 26 (Reuters) - Progenity Inc PROG.O :

* PROGENITY REDUCES OUTSTANDING DEBT BY $20.175 MILLION THROUGH A PRIVATE EXCHANGE OF $20.175 MILLION OF ITS 7.25% CONVERTIBLE SENIOR NOTES DUE 2025 FOR SHARES OF COMMON STOCK

* PROGENITY INC - REDUCTION IN DEBT ACHIEVED BY EXCHANGE TRANSACTION REPRESENTS ABOUT 38% OF CO'S NON-AFFILIATED DEBT

Source text for Eikon: ID:nGNX3twXZG Further company coverage: PROG.O

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).

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In Malaysia, investment products and services available through the moomoo app are offered through Futu Malaysia Sdn. Bhd. ("Moomoo MY")regulated by the Securities Commission of Malaysia (SC). Futu Malaysia Sdn. Bhd. is a Capital Markets Services Licence (License No. eCMSL/A0397/2024) holder. This advertisement has not been reviewed by the SC.

Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd.，Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc., and Futu Malaysia Sdn. Bhd. are affiliated companies.

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