- 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
For further details see:
Greenbrook TMS secures debt financing, issues unsecured note to address liquidity concerns