Quince Therapeutics Secures Amendment to EIB Credit Facility, Reducing Cash Reserve Requirements and Adjusting Interest Terms for Early 2026

Reuters09-27

Quince <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Secures Amendment to EIB Credit Facility, Reducing Cash Reserve Requirements and Adjusting Interest Terms for Early 2026

**Quince Therapeutics Amends Loan Agreement with European Investment Bank** Quince Therapeutics Inc. announced it has amended its existing financing agreement with the European Investment Bank (EIB). The amendment, entered into on September 25, 2025, temporarily reduces the company's required minimum cash balance from EUR 14.65 million to EUR 5 million for the period January 1, 2026, to March 31, 2026. During this period, 1% of the 9% deferred interest rate on Tranche A and Tranche B of the EIB Facility will be converted to a fixed rate, payable on March 31, 2026. The amendment aims to provide Quince Therapeutics with greater financial flexibility in the first quarter of 2026. Further details will be available in the company's upcoming quarterly report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quince Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-220722), on September 26, 2025, and is solely responsible for the information contained therein.

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The amendment, entered into on September 25, 2025, temporarily reduces the company's required minimum cash balance from EUR 14.65 million to EUR 5 million for the period January 1, 2026, to March 31, 2026. During this period, 1% of the 9% deferred interest rate on Tranche A and Tranche B of the EIB Facility will be converted to a fixed rate, payable on March 31, 2026. The amendment aims to provide Quince Therapeutics with greater financial flexibility in the first quarter of 2026. Further details will be available in the company's upcoming quarterly report.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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