TherapeuticsMD Inc

NASDAQ:TXMD   3:59:50 PM EDT
9.23
+0.02 (+0.22%)
Debt Financing / Related

TherapeuticsMD Secures $15 Million Equity Investment From Rubric Capital

Published: 08/01/2022 11:03 GMT
TherapeuticsMD Inc (TXMD) - Therapeuticsmd Secures $15 Million Equity Investment From Rubric Capital.
Therapeuticsmd - Also Reaches Agreement With Sixth Street Partners to Extend Maturity Date of Its Financing Agreement to September 30, 2022.
Therapeuticsmd - Option to Further Extend Maturity Date Until Oct 31, 2022 & Nov 30, 2022 If It Receives Additional Equity of $7 Million per Extension.
Therapeuticsmd Inc - Following Closing of Transaction, Rubric Will Own Approximately 18.3% of Company's Common Stock.