Bio-Path Holdings Inc. Secures $161,000 Promissory Note in Agreement with Quick Capital, LLC
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Bio-Path Holdings Inc. has secured a $161,000 promissory note from Quick Capital, LLC, with a purchase price of $140,000 after an original issue discount. The note, issued on April 28, 2025, has a 12% interest rate and will be repaid in five payments, starting with $90,160 due on October 15, 2025. In case of default, the lender can convert the debt into shares at a discounted rate. The transaction follows regulatory exemptions and standard terms.
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