Healthlynked Issues $5.7 Million Convertible Note to CEO-Controlled Trust

Reuters02-07
Healthlynked Issues $5.7 Million Convertible Note to CEO-Controlled Trust

Healthlynked Corporation has announced the issuance and sale of a Senior Secured Convertible Promissory Note valued at $5,715,811.98 to the Mary S. Dent Gifting Trust, an entity controlled by the company’s Chief Executive Officer and Chairman, Dr. Michael Dent. The transaction was completed as a private placement, relying on exemptions from SEC registration under Section 4(a)(2) of the Securities Act and Regulation D. The note, which matures on February 2, 2029, accrues interest at 12% per annum and is secured by a first priority lien on all company assets. It is convertible into Healthlynked common stock at $4.25 per share at the purchaser’s option prior to maturity. The proceeds were used to cancel outstanding promissory notes, advances, and unpaid compensation owed to Dr. Dent.

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. Healthlynked Corporation 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: 0001213900-26-013261), on February 06, 2026, and is solely responsible for the information contained therein.

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