**ARS Pharmaceuticals Secures Up to $250 Million Loan Facility to Boost neffy® Commercialization** SAN DIEGO, Sept. 29, 2025 - ARS Pharmaceuticals Inc. (Nasdaq: SPRY) has entered into a new senior secured term loan facility of up to $250 million with affiliates of RA Capital Management and OMERS Life Sciences. The financing includes an initial $100 million term loan, with options for additional delayed draw loans and an uncommitted incremental facility, aimed at accelerating U.S. market share growth for neffy®, the company's needle-free epinephrine product. Key terms feature an interest rate of SOFR plus 5.5% (with a 3.0% SOFR floor) and interest-only payments until maturity in September 2030. Proceeds will support commercial expansion and general corporate purposes. ARS Pharma selected this non-dilutive financing to increase investment in commercialization while preserving shareholder value.
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. ARS Pharmaceuticals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9536645-en) on September 29, 2025, and is solely responsible for the information contained therein.
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