NRX Pharmaceuticals Inc. has announced the elimination of all balance sheet debt following a strategic equity conversion. The company repaid its remaining $5.4 million debt to Anson Funds, LLC by converting the debt into common stock, with no additional warrants or adjustment provisions involved. With this transaction, NRX Pharmaceuticals expects to end 2025 with no outstanding convertible debt, positioning the company for accelerated growth and potential drug approvals and clinic expansions in 2026.

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. NRX 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: 0001437749-25-038835), on December 29, 2025, and is solely responsible for the information contained therein.