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TriSalus Life Sciences与OrbiMed获得约5000万美元的债务融资

2024-05-01 16:06

  • TriSalus Life Sciences (NASDAQ:TLSI) on Tuesday announced the closing of a debt financing facility for up to $50 million with OrbiMed, a healthcare investment firm.
  • The capital is expected to provide financial flexibility to support the execution of strategic expansion plans and fuel continued growth.
  • Under the terms of the credit agreement, the company borrowed $25 million at closing.
  • In addition, an aggregate of up to an additional $25 million is available in two tranches at the company’s option, based on the achievement of certain revenue thresholds.
  • The agreement has a five-year term that matures in April 2029, and in connection with the funding of the closing amount, the company also issued OrbiMed a warrant to purchase 130,805 shares of the company’s common stock, with an exercise price of $9.5562.
  • Source: Press Release

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