Vivos Therapeutics Secures $2.1 Million Unsecured Loan from Avondale Capital

Reuters
2025.12.05 22:13
portai
I'm PortAI, I can summarize articles.

Vivos Therapeutics, Inc. has secured a $2.1 million unsecured loan from Avondale Capital, LLC. The loan, under a Note Purchase Agreement dated December 5, 2025, provides Vivos with approximately $1.5 million in gross proceeds. The note is not convertible into common stock and bears no interest unless in default. Weekly payments start December 12, 2025, with prepayment options available. The loan is guaranteed by Vivos's subsidiary, Airway Integrated Management Company, LLC, and will be used for working capital and general corporate purposes.