NRX Pharmaceuticals Eliminates Remaining $5.4 Million Debt Through Equity Conversion, Achieves Debt-Free Balance Sheet

Reuters12-18
NRX Pharmaceuticals Eliminates Remaining $5.4 Million Debt Through Equity Conversion, Achieves Debt-Free Balance Sheet

NRX Pharmaceuticals Inc. has announced the elimination of all balance sheet debt following a strategic equity conversion. The company repaid the remaining $5.4 million in debt to Anson Funds, LLC through the conversion of common stock, with no additional warrants or adjustment provisions involved in the transaction. With this move, NRX Pharmaceuticals anticipates ending the 2025 calendar year with no outstanding convertible debt. The company believes this debt-free position will support accelerated growth and potential drug approvals and clinic expansions in 2026.

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. NRX Pharmaceuticals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9604265-en) on December 18, 2025, and is solely responsible for the information contained therein.
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