BRIEF-Prophase Labs- On Nov 21, Received Confirmation From Avtech Agreeing To Continue Its Forbearance Under Co's Existing Equipment Lease

Reuters
Nov 26
BRIEF-Prophase Labs- On Nov 21, Received Confirmation From Avtech Agreeing To Continue Its Forbearance Under Co's Existing Equipment Lease

Nov 25 (Reuters) - Prophase Labs Inc PRPH.O:

  • PROPHASE LABS- ON NOV 21, RECEIVED CONFIRMATION FROM AVTECH AGREEING TO CONTINUE ITS FORBEARANCE UNDER CO'S EXISTING EQUIPMENT LEASE

  • PROPHASE LABS- UNDER AVTECH'S UPDATED PAYMENT SCHEDULE, CO TO MAKE WEEKLY PAYMENTS BEGINNING NOV 28, UNTIL OUTSTANDING PAST-DUE AMOUNTS ARE CURRENT

  • PROPHASE LABS INC - REMAINS IN COMMUNICATION WITH AVTECH REGARDING THESE PAYMENTS

Source text: [ID:n0001493152-25-024986]

Further company coverage: PRPH.O

((Reuters.Briefs@thomsonreuters.com;))

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