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iBio Inc | 8-K: Current report

iBio Inc | 8-K:重大事件

SEC announcement ·  01/19 00:00
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On January 16, 2024, iBio Inc, a Delaware-incorporated company, entered into a material definitive agreement with Loeb Term Solutions LLC for a term loan or equipment line of credit loan amounting to $1,071,572. The loan, which bears interest at the Prime Rate plus 8.5%, was issued with proceeds of $1,027,455.23 after deducting origination and other fees. The agreement stipulates monthly payments over four years with a balloon payment due on the two-year anniversary. iBio Inc granted the lender a security interest in most of its assets, excluding intellectual property related to filed patents. The agreement allows for additional loan advances under certain conditions and defines eligible equipment for the loan. Furthermore, the company's obligations are secured by a validity guarantee from Dr. Martin Brenner and Felipe Duran, indemnifying the lender against losses due to misrepresentation or negligence by the company. The agreement includes standard events of default, with an increased interest rate applicable upon default. The full text of the agreements is attached to the report as exhibits.
On January 16, 2024, iBio Inc, a Delaware-incorporated company, entered into a material definitive agreement with Loeb Term Solutions LLC for a term loan or equipment line of credit loan amounting to $1,071,572. The loan, which bears interest at the Prime Rate plus 8.5%, was issued with proceeds of $1,027,455.23 after deducting origination and other fees. The agreement stipulates monthly payments over four years with a balloon payment due on the two-year anniversary. iBio Inc granted the lender a security interest in most of its assets, excluding intellectual property related to filed patents. The agreement allows for additional loan advances under certain conditions and defines eligible equipment for the loan. Furthermore, the company's obligations are secured by a validity guarantee from Dr. Martin Brenner and Felipe Duran, indemnifying the lender against losses due to misrepresentation or negligence by the company. The agreement includes standard events of default, with an increased interest rate applicable upon default. The full text of the agreements is attached to the report as exhibits.
2024年1月16日,特拉华州注册成立的公司iBio Inc与Loeb Term Solutions LLC签订了金额为1,071,572美元的定期贷款或设备信贷额度贷款的实质性最终协议。这笔贷款按最优惠利率加上8.5%的利息,在扣除发放费用和其他费用后,发行的收益为1,027,455.23美元。该协议规定在四年内按月付款,并在两周年纪念日当天付款。iBio Inc授予贷款人大部分资产的担保权益,不包括与申请专利相关的知识产权。该协议允许在某些条件下提供额外的贷款预付款,并定义了符合贷款条件的设备。此外,该公司的债务由马丁·布伦纳博士和费利佩·杜兰的有效性担保保障,以补偿贷款人因公司的虚假陈述或疏忽而造成的损失。该协议包括标准违约事件,违约时适用更高的利率。协议全文作为证物附在报告中。
2024年1月16日,特拉华州注册成立的公司iBio Inc与Loeb Term Solutions LLC签订了金额为1,071,572美元的定期贷款或设备信贷额度贷款的实质性最终协议。这笔贷款按最优惠利率加上8.5%的利息,在扣除发放费用和其他费用后,发行的收益为1,027,455.23美元。该协议规定在四年内按月付款,并在两周年纪念日当天付款。iBio Inc授予贷款人大部分资产的担保权益,不包括与申请专利相关的知识产权。该协议允许在某些条件下提供额外的贷款预付款,并定义了符合贷款条件的设备。此外,该公司的债务由马丁·布伦纳博士和费利佩·杜兰的有效性担保保障,以补偿贷款人因公司的虚假陈述或疏忽而造成的损失。该协议包括标准违约事件,违约时适用更高的利率。协议全文作为证物附在报告中。
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