micro1: Senior secured term loan financing
$10.875 million principal outstanding at 30 June 2026 (cost and fair value $10.606 million). Senior secured term loan from Hercules Capital, maturing June 2029, interest Prime + 3.50% with a 10.25% floor, 4.00% exit fee, plus a warrant on 18,650 common shares dated 20 May 2026. Total facility size is not shown; the date is the warrant date, the loan's closing date is not shown. The balance was nil at 31 December 2025.
Dated 20 May 2026Source checked 30 Jul 2026Basis: stated
In the source's own words
“micro1 Inc. Senior Secured June 2029 Prime + 3.50 %, Floor rate 10.25 %, 4.00 % Exit Fee $ 10,875 10,606 10,606”
Where it was read
Also read from the same source
What it is about
Figures it counts in
It is shown on its own, not counted into a figure.