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T2 Biosystems | 8-K: T2 Biosystems Announces Preliminary Fourth Quarter and Full Year 2023 Financial Results

T2 Biosystems | 8-K:T2 Biosystems 公布2023年第四季度和全年初步财务业绩

美股sec公告 ·  02/15 16:53
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On February 15, 2024, T2 Biosystems, Inc. entered into a Securities Purchase Agreement with a group of lenders for a private placement offering. The agreement involves the issuance of common stock and potentially convertible preferred stock in exchange for the cancellation of $15.0 million of outstanding borrowing under a 2016 Term Loan Agreement. The transaction is contingent on approval from the company's stockholders at an upcoming meeting. Additionally, T2 Biosystems announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2023. The company reported full year revenue of $7.2 million and fourth quarter revenue of $1.7 million, with record sales of the T2Bacteria Panel in the U.S. The company also highlighted several operational achievements, including the elimination of sepsis test backorder, FDA clearances, and...Show More
On February 15, 2024, T2 Biosystems, Inc. entered into a Securities Purchase Agreement with a group of lenders for a private placement offering. The agreement involves the issuance of common stock and potentially convertible preferred stock in exchange for the cancellation of $15.0 million of outstanding borrowing under a 2016 Term Loan Agreement. The transaction is contingent on approval from the company's stockholders at an upcoming meeting. Additionally, T2 Biosystems announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2023. The company reported full year revenue of $7.2 million and fourth quarter revenue of $1.7 million, with record sales of the T2Bacteria Panel in the U.S. The company also highlighted several operational achievements, including the elimination of sepsis test backorder, FDA clearances, and the advancement of new products towards FDA submission. Furthermore, T2 Biosystems presented a plan to regain compliance with Nasdaq's Market Value of Listed Securities requirement and amended its term loan agreement to extend the maturity date and reduce the minimum cash covenant. The company's cash and cash equivalents stood at $15.7 million as of the end of 2023.
2024年2月15日,T2 Biosystems, Inc.与一组贷款机构签订了私募发行证券购买协议。该协议涉及发行普通股和可能可转换的优先股,以换取根据2016年定期贷款协议取消1,500万美元的未偿借款。该交易取决于公司股东在即将举行的会议上的批准。此外,T2 Biosystems公布了截至2023年12月31日的第四季度和全年未经审计的初步财务业绩。该公司报告全年收入为720万美元,第四季度收入为170万美元,T2Baceria Panel在美国的销售额创历史新高。该公司还强调了多项运营成就,包括消除败血症测试缺货订单、美国食品药品管理局的批准以及新产品向美国食品药品管理局提交的进展情况。此外,T2 Biosystems提出了一项重新遵守纳斯达克上市证券市场价值要求的计划,并修订了定期贷款协议,以延长到期日并降低最低现金契约。截至2023年底,该公司的现金和现金等价物为1,570万美元。
2024年2月15日,T2 Biosystems, Inc.与一组贷款机构签订了私募发行证券购买协议。该协议涉及发行普通股和可能可转换的优先股,以换取根据2016年定期贷款协议取消1,500万美元的未偿借款。该交易取决于公司股东在即将举行的会议上的批准。此外,T2 Biosystems公布了截至2023年12月31日的第四季度和全年未经审计的初步财务业绩。该公司报告全年收入为720万美元,第四季度收入为170万美元,T2Baceria Panel在美国的销售额创历史新高。该公司还强调了多项运营成就,包括消除败血症测试缺货订单、美国食品药品管理局的批准以及新产品向美国食品药品管理局提交的进展情况。此外,T2 Biosystems提出了一项重新遵守纳斯达克上市证券市场价值要求的计划,并修订了定期贷款协议,以延长到期日并降低最低现金契约。截至2023年底,该公司的现金和现金等价物为1,570万美元。
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