Karyopharm Therapeutics Secures $12.5 Million Loan and Issues $118.5 Million in Convertible Notes in New Financing Agreements

Reuters
2025/10/15
Karyopharm <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Secures $12.5 Million Loan and Issues $118.5 Million in Convertible Notes in New Financing Agreements

Karyopharm Therapeutics Inc. has finalized a series of financing transactions with its term loan lenders, convertible note holders, and other investors. On October 10, 2025, the company borrowed $12.5 million under its existing credit and guaranty agreement, following an amendment and waiver dated October 7, 2025. In addition, Karyopharm issued $15 million aggregate principal amount of 9.00% senior secured convertible notes due 2028 and $103.5 million aggregate principal amount of 9.00% senior secured convertible notes due 2029. These agreements were executed with Wilmington Savings Fund Society, FSB serving as trustee and collateral agent.

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. Karyopharm Therapeutics 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: 0001193125-25-239015), on October 14, 2025, and is solely responsible for the information contained therein.

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