Citius Pharmaceuticals Inc. Issues $1 Million Promissory Note with 15% Interest Rate, Due December 2025

Reuters
06-04
Citius Pharmaceuticals Inc. Issues $1 Million Promissory Note with 15% Interest Rate, Due December 2025

Citius Pharmaceuticals Inc. has issued an unsecured promissory note amounting to $1 million to PAGODA RESOURCES, INC. The note, dated June 2, 2025, carries an interest rate of 15% per annum, compounded monthly, and is set to mature on December 2, 2025. Notably, the company retains the right to prepay the note at any time without incurring a prepayment premium or penalty, with any prepayment applied first to accrued interest and then to the principal. The repayment of this note is personally guaranteed by Leonard Mazur, the Chairman and CEO of Citius Pharmaceuticals.

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. Citius Pharmaceuticals 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: 0001213900-25-050822), on June 03, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10