Rockwell Medical Amends Loan and Security Agreement with Innovatus Life Sciences Lending Fund
Rockwell Medical, Inc. (RMTI)
Last rockwell medical, inc. earnings: 3/12 04:05 pm
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Source: Business Wire
Defers principal payments of $8.0 million up to three years, reduces Rockwell's need for additional operating capital, and enhances the Company's cash balanceRockwell Medical provides preliminary projected fourth quarter and full-year 2023 financial results WIXOM, Mich.--(BUSINESS WIRE)--Rockwell Medical, Inc. (the "Company") (Nasdaq: RMTI), a healthcare company that develops, manufactures, commercializes, and distributes a portfolio of hemodialysis products to dialysis providers worldwide, today announced that the Company amended its loan and security agreement with Innovatus Life Sciences Lending Fund I, LP ("Innovatus").Rockwell Medical and its wholly owned subsidiary, Rockwell Transportation, Inc., initially entered into a loan and security agreement with Innovatus on March 16, 2020 under which Innovatus agreed to make certain term loans to the Company, of which the Company drew down approximately $21.0 million. At December 31, 2023, the Company's outstanding balance under thos
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RMTI
News
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- Rockwell Medical to Release First Quarter 2024 Results on Tuesday, May 14, 2024Business Wire
- Rockwell Medical gains as global reach widens [Seeking Alpha]Seeking Alpha
- Rockwell Medical Expands Global Distribution in the Dominican Republic and Bermuda [Yahoo! Finance]Yahoo! Finance
RMTI
Earnings
- 3/21/24 - Beat
RMTI
Sec Filings
- 4/15/24 - Form ARS
- 4/15/24 - Form DEF
- 3/21/24 - Form 10-K
- RMTI's page on the SEC website