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Stock impact report

Rockwell Medical Amends Loan and Security Agreement with Innovatus Life Sciences Lending Fund [Yahoo! Finance]

Rockwell Medical, Inc. (RMTI) 
Last rockwell medical, inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.rockwellmed.com
Company Research Source: Yahoo! Finance
Rockwell Medical provides preliminary projected fourth quarter and full-year 2023 financial results WIXOM, Mich., January 08, 2024 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 those term loans was $8.0 million (the "Term Loans"). Under the terms of the third amended and restated loan and security agreement (the "Am Show less Read more
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