Nomad Power Solutions sells $6.57 million original issue discount secured note in private placement

Bitget2026/09/30 20:08

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Nomad Power Solutions entered a private placement to issue a $6.57 million original issue discount secured promissory note for USD 6 million.
Note matures in 12 months from the purchase price date; carries 9% annual interest until paid in full.
Investor can demand redemptions starting at month six, up to USD 800,000 per month; payment due within two trading days.
Security agreement grants a lien on substantially all assets; subsidiaries Lixte Biotechnolgy and Liora Technologies Europe guarantee obligations.
Transaction relied on Securities Act exemptions under Section 4(a)(2) and/or Regulation D as an unregistered offering.

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. Nomad Power Solutions 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: 0001493152-26-045104), on September 30, 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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Nomad Power Solutions sells $6.57 million original issue discount secured note in private placement

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