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Fennec Pharmaceuticals Announces Completion Of Full Debt Redemption

Fennec Pharmaceuticals Inc. (FENC) 
Last fennec pharmaceuticals inc. earnings: 11/12 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
RESEARCH TRIANGLE PARK, N.C., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Fennec Pharmaceuticals Inc. (NASDAQ:FENC) (TSX:FRX) (“Fennec” or the “Company”), a specialty pharmaceutical company, today announced it has repurchased and redeemed all of Fennec’s outstanding convertible notes issued to Petrichor Opportunities Fund I LP and Petrichor Opportunities Fund I Intermediate LP using proceeds from the closing of the Company’s previously announced underwritten public offering in the United States and concurrent private placement in Canada, closed on November 17 and 18, 2025, respectively. The Company has no outstanding debt after the redemption of Petrichor’s convertible notes. The aggregate repurchase and redemption price of the Petrichor notes was $21,729,455.30 (consisting of: $19,476,655.48 in outstanding principal, $305,134.27 in accrued interest, and a $1,947,665.55 redemption fee). Before the repurchase and redemption, the Petrichor notes bore interest at a rate equal to the prime rate Show less Read more
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