Venus Concept Inc. Announces Debt Repayment Plan with Lenders, Waiving Minimum Liquidity Requirements

Reuters
03 Jun
<a href="https://laohu8.com/S/VERO">Venus Concept Inc.</a> Announces Debt Repayment Plan with Lenders, Waiving Minimum Liquidity Requirements

Venus Concept Inc. announced a strategic financial adjustment by entering into a Consent Agreement with Madryn Health Partners, LP and Madryn Health Partners (Cayman Master), LP. This agreement, effective as of May 30, 2025, provides relief under the existing Loan and Security Agreement, allowing Venus Concept USA, Inc., a subsidiary of Venus Concept Inc., to apply its upcoming June 8, 2025, cash interest payment directly towards reducing the outstanding principal on each Note. Additionally, the agreement waives certain minimum liquidity requirements through June 30, 2025, offering the company more flexibility in managing its financial commitments.

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. Venus Concept 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: 0001140361-25-021128), on June 02, 2025, and is solely responsible for the information contained therein.

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