MannKind Repays Certain Debt Obligations [Yahoo! Finance]
MannKind Corporation (MNKD)
Last mannkind corporation earnings: 2/25 08:00 am
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US:NASDAQ Investor Relations:
investors.mannkindcorp.com/press-releases
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Source: Yahoo! Finance
Convertible note issued to Mann Group LLC repaid in exchange for 1.5 million shares of common stock and approximately $8.9 million Total debt reduced since December 31, 2023 is approximately $41.8 million DANBURY, Conn. and WESTLAKE VILLAGE, Calif., April 03, 2024 (GLOBE NEWSWIRE) -- MannKind Corporation (Nasdaq: MNKD) , a company focused on the development and commercialization of inhaled therapeutic products and devices for patients with endocrine and orphan lung diseases, announced today that it has repaid in full all outstanding indebtedness under both its credit and security agreement with MidCap Financial Trust (the “Loan Agreement”) and its convertible promissory note issued to Mann Group LLC (the “Note”). On April 1, 2024, MannKind made a payment to the lenders under the Loan Agreement of approximately $31.6 million, including a contractually obligated exit fee of $2.8 million and a prepayment fee of approximately $0.3 million, in full satisfaction of all of the Company
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MNKD
News
- MannKind rises as FDA advances rare lung disease therapy to Phase 3 trial [Seeking Alpha]Seeking Alpha
- MannKind Announces IND Clearance From U.S. FDA to Start Phase 3 Study of Clofazimine Inhalation Suspension for Nontuberculous Mycobacterial (NTM) Lung Disease [Yahoo! Finance]Yahoo! Finance
- MannKind Announces IND Clearance From U.S. FDA to Start Phase 3 Study of Clofazimine Inhalation Suspension for Nontuberculous Mycobacterial (NTM) Lung DiseaseGlobeNewswire
- MannKind Repays Certain Debt ObligationsGlobeNewswire
- MannKind Corporation (NASDAQ:MNKD) down to US$1.2b market cap, but institutional owners may not be as affected after a year of 9.7% returns [Yahoo! Finance]Yahoo! Finance
MNKD
Earnings
- 2/27/24 - Beat
MNKD
Sec Filings
- 4/22/24 - Form 3
- 4/5/24 - Form ARS
- 4/5/24 - Form DEFA14A
- MNKD's page on the SEC website