Acura Pharmaceuticals Inc. Amends Secured Promissory Note with Abuse Deterrent Pharma, LLC, Increasing Loan Amount to $7.99 Million

Reuters
05-30
Acura Pharmaceuticals Inc. Amends Secured Promissory Note with Abuse Deterrent Pharma, LLC, Increasing Loan Amount to $7.99 Million

Acura Pharmaceuticals Inc. has amended its existing loan agreement with Abuse Deterrent Pharma, LLC, as disclosed in a recent Form 8-K filing. The amendment, which involves a secured promissory note originally dated November 10, 2022, includes additional loans that extend through May 2025. The total principal amount of the loan schedule has increased to $7,994,279, with new loans added incrementally over the period. This amendment reflects Acura's ongoing financing strategy to support its operational and strategic initiatives. The agreement was signed by Robert A. Seiser, the company's Senior Vice President and CFO, on May 22, 2025.

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. Acura 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: 0001104659-25-054712), on May 30, 2025, and is solely responsible for the information contained therein.

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