Newtopia Completes $2 Million Debt Financing, Assignment of Existing Senior Secured Credit Facility and Provides Corporate Update
Existing senior secured credit facility assigned to new investors; added $1.6 million of new senior secured financing, and settled $0.4 million owing to officers and directors for no cash consideration Moving towards cash flow positive status within calendar 2025Supports Newtopia's ability to facilitate sustainable metabolic health outcomes, proven cost savings and demonstrated positive ROI to GLP-1 sponsorsHighly scalable alongside the rise of Health AI: unique and rich longitudinal data sets and capabilities will enrich and accelerate progress of next-gen clinical...
2025-05-14 4:50 PM EDT