Rakovina Therapeutics Closes $1M Debenture Unit Financing and Settles $1.59M Debt

Reuters03-06 09:07

<a href="https://laohu8.com/S/RKVTF">Rakovina Therapeutics</a> Closes $1M Debenture Unit Financing and Settles $1.59M Debt

Rakovina Therapeutics Inc. said it has entered debt settlement agreements to settle $1,587,130.59 of outstanding 12% unsecured convertible debentures, including $1,454,000 in principal and $133,130.59 in accrued interest. The company plans to satisfy the amount by issuing about 3,265,585 common shares at a deemed price of $0.12 per share, plus replacement 12% unsecured convertible debentures totaling $1,195,259.99 and 2,390,519 common share purchase warrants, with closing expected around March 9, 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. Rakovina Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603052006PRIMZONEFULLFEED9667154) on March 06, 2026, and is solely responsible for the information contained therein.

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