Venus Concept Inc. announced a strategic financial adjustment by entering into a Consent Agreement with Madryn Health Partners, LP and Madryn Health Partners (Cayman Master), LP. This agreement, effective as of May 30, 2025, provides relief under the existing Loan and Security Agreement, allowing Venus Concept USA, Inc., a subsidiary of Venus Concept Inc., to apply its upcoming June 8, 2025, cash interest payment directly towards reducing the outstanding principal on each Note. Additionally, the agreement waives certain minimum liquidity requirements through June 30, 2025, offering the company more flexibility in managing its financial commitments.
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