BRIEF-Bionano Announces Amendment To Debt Financing Arrangement

Reuters02-28

Feb 28 (Reuters) - Bionano Genomics Inc :

* BIONANO ANNOUNCES AMENDMENT TO DEBT FINANCING ARRANGEMENT TO EXTEND CASH RUNWAY

* BIONANO GENOMICS INC- AMENDED CONVERTIBLE DEBT FINANCING CO ENTERED INTO IN OCTOBER 2023

* BIONANO GENOMICS INC- ARRANGEMENT INCLUDES REDUCTION OF MINIMUM AVAILABLE LIQUIDITY COVENANT FROM $50.0 MILLION TO $25.0 MILLION

* BIONANO GENOMICS INC- ARRANGEMENT INCLUDES REDUCTION OF RESTRICTED CASH COVENANT FROM $35.0 MILLION TO $25.0 MILLION

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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