MEI Pharma Inc. Enters New Master Loan Agreement with BitGo Prime, LLC for Flexible Digital Asset and Cash Borrowing
MEI Pharma Inc. has entered into a new master loan agreement with BitGo Prime, LLC, as announced on September 3, 2025. This agreement establishes a framework allowing MEI Pharma to borrow digital assets or cash from BitGo Prime. Each loan will be documented with specific terms such as principal amount, fees, collateral requirements, and maturity date. The interest rate, or loan fee, will be determined for each loan and calculated daily at an annualized rate as specified in each confirmation. The agreement includes provisions for fixed terms, call options, or prepayment options, along with standard collateral and default terms. This arrangement aims to provide MEI Pharma with flexible financing options for its operational needs.
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