Assure Announces Amendment of Exchange Offer Relating to its Convertible Notes
ASSURE HLDGS CORP (IONM)
Company Research
Source: Business Wire
DENVER--(BUSINESS WIRE)--Assure Holdings Corp. (“Assure” or the “Company”) (OTC: IONM), today announced that it has amended the Convertible Note Exchange Offer of June 21, 2024, relating to the Company’s 9% Convertible Debentures due in 2023 and 2024 (the “Assure Convertible Debentures”). This ninth amendment further amends and restates certain sections of the Convertible Note Exchange Offer (“Amended Offer Letter”) as follows: (i) updates the Amended Offer Letter to reflect a change in the consideration being offered for each $1,000 claim from 238.44 shares of common stock consisting of principal amount, and accrued and unpaid interest through, and including, July 19, 2024 to 1,000 shares of common stock consisting of principal amount, and accrued and unpaid interest through, and including, September 20, 2024, representing a change in the per share conversion price from $4.194 to $1.00, (ii) update the Amended Offer Letter to reflect the extension of the Convertible Note Exchange
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Sec Filings
- 11/18/24 - Form NT
- 10/7/24 - Form 8-K
- 9/27/24 - Form 10-Q
- IONM's page on the SEC website