AEON Biopharma Strikes Debt-for-Equity Deal With Daewoong
Reuters
Dec 16, 2025
AEON Biopharma Strikes Debt-for-Equity Deal With Daewoong
AEON Biopharma Inc. has announced the execution of a definitive agreement with Daewoong Pharmaceutical to exchange $15 million of existing convertible notes plus accrued interest into new equity, $1.5 million of new notes due in 2030, and a cash-exercise warrant for 8 million shares of common stock. The transaction, which remains subject to shareholder approval, is expected to eliminate more than 90% of AEON's outstanding debt and strengthen the strategic relationship between the two companies. If exercised, the warrants could provide AEON with over $8 million in additional cash proceeds. The move is seen as a significant step in deleveraging AEON and supporting its strategy to develop ABP-450 as a BOTOX biosimilar.
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. AEON Biopharma Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9602457) on December 15, 2025, and is solely responsible for the information contained therein.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.