OS Therapies agrees to repay Leonite debt in USD 1.9 million cash settlement

Reuters2026/08/06 21:18

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OS Therapies reached a settlement to repay and terminate its Leonite senior secured convertible promissory note.
Settlement calls for USD 1.9 million cash payment, issuance of 500,000 common shares by Aug. 7, 2026.
Upon closing, the Leonite Note will be cancelled, conversion rights will end, security interests will be released.
Leonite warrant for 1,750,000 shares will be cancelled unexercised; 275,000 commitment shares will be surrendered for cancellation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OS Therapies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-086150), on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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OS Therapies agrees to repay Leonite debt in USD 1.9 million cash settlement

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