FibroBiologics Repays All Outstanding Convertible Debt, Eliminates Further Dilution
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FibroBiologics Inc. has fully repaid its convertible promissory notes to YA II PN, Ltd., eliminating potential stock dilution. This strengthens the company's balance sheet, allowing focus on clinical programs. The Standby Equity Purchase Agreement with Yorkville remains, enabling up to $10 million in stock sales through December 2026. This news was generated by Public Technologies using AI and is for informational purposes only.
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