2023-06-12 17:30:33 ET
- NextNav ( NASDAQ: NN ) said on Monday that it had secured commitments to buy an additional $20M of its 10.00% senior secured notes due December 2026 and an additional 7.4M common stock purchase warrants to purchase shares of NN's common stock.
- Closing and issuance of the additional notes and additional warrants is expected to occur on July 6, 2023.
- Additional notes and warrants were exclusively available to investors in NN's recently announced $50M financing.
- Press Release
For further details see:
NextNav secures additional $20M in debt financing