Exagen Inc. Announces $26.2 Million Debt Refinancing
Exagen Inc. (XGN)
Last exagen inc. earnings: 3/25 04:05 pm
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Source: GlobeNewswire
SAN DIEGO, Calif., Nov. 21, 2019 (GLOBE NEWSWIRE) -- Exagen Inc. (Nasdaq: XGN), an organization dedicated to transforming the care continuum for patients suffering from debilitating and chronic autoimmune diseases by enabling timely differential diagnosis and optimizing therapeutic intervention, announced today that it entered into an amendment to its loan and security agreement with its primary lender, an affiliate of Innovatus Capital Partners, LLC (“Innovatus”). The amended agreement provides a $26.2 million, 5-year term loan at 8.5% interest, of which 2.0% is paid in-kind in the form of additional term loans. Additional information regarding the amendment is available in the company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on November 21, 2019. “This refinancing is a continuation of Innovatus Capital Partners’ investment in Exagen’s future. This agreement, following our recent IPO, further strengthens our financial position and will assis
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News
- Exagen Inc. (NASDAQ: XGN) had its price target raised by analysts at Cantor Fitzgerald from $5.00 to $7.00. They now have an "overweight" rating on the stock.MarketBeat
- Exagen Inc. Reports Strong First Quarter 2024 Results: Raises Guidance for Full YearGlobeNewswire
- Exagen Announces Campaign for Lupus Awareness Month [Yahoo! Finance]Yahoo! Finance
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XGN
Earnings
- 5/13/24 - Beat
XGN
Analyst Actions
- 5/14/24 - Cantor Fitzgerald
XGN
Sec Filings
- 5/16/24 - Form 4
- 5/13/24 - Form S-8
- 5/13/24 - Form 10-Q
- XGN's page on the SEC website