2023-03-06 09:20:36 ET
- NantHealth ( NASDAQ: NH ) entered into a credit agreement for a new senior secured term loan in principal amount of $22.5M.
- Net proceeds to be used for funding its existing businesses and for general corporate purposes.
- The term loan facility was funded by two existing NantHealth investors: Highbridge Capital Management and Nant Capital.
- "The transaction proceeds provide us with the financial resources to invest in our established solutions, NaviNet and Eviti, and our subsidiary, The OpenNMS," COO Ron Louks commented.
For further details see:
NantHealth to receive $22.5M in new financing from Highbridge and Nant Capital