CA - Greenbrook TMS secures debt financing issues unsecured note to address liquidity concerns

• Greenbrook TMS ( NASDAQ: GBNH ) has secured additional debt financing from an existing lender and has issued an unsecured note to address liquidity concerns.
• Greenbrook TMS has received $3M in additional debt financing from its existing lender, Madryn Asset Management.
• The funds are intended to help the company manage its current liquidity requirements.
• Additionally, the company is also considering further near-term financing options to address its future liquidity needs.
• GBNH has issued and sold an additional $1M in aggregate principal amount of an unsecured note to Greybrook Health.
• The proceeds from the amended loan and the note are expected to be used for general corporate and working capital purposes.
• Source: Press Release

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