Defence Therapeutics Announces Debenture Units Financing
Defence Therapeutics (OTCQB: DTCFF), a biotechnology company focused on drug delivery technologies, has announced a non-brokered private placement of debenture units. The company aims to raise up to $1.2 million through the offering of units priced at $1,000 each.
Each unit comprises an 8.0% convertible debenture with a two-year maturity and 1,666 common share purchase warrants. The debentures are convertible into common shares at $0.60 per share, while warrants are exercisable at $0.75 per share for two years. Interest payments will be made annually either in shares at the conversion price or in cash at the company's discretion.
Defence Therapeutics (OTCQB: DTCFF), azienda biotecnologica specializzata in tecnologie di somministrazione dei farmaci, ha annunciato un collocamento privato non assistito da intermediari di unità obbligazionarie. L’obiettivo è raccogliere fino a $1,2 milioni mediante l’offerta di unità al prezzo di $1.000 ciascuna.
Ciascuna unità include un debito convertibile all�8,0% con scadenza a due anni e 1.666 warrant per l’acquisto di azioni ordinarie. I debentures sono convertibili in azioni ordinarie al prezzo di $0,60 per azione, mentre i warrant possono essere esercitati a $0,75 per azione per un periodo di due anni. I pagamenti degli interessi saranno effettuati annualmente, a discrezione della società , in azioni al prezzo di conversione o in contanti.
Defence Therapeutics (OTCQB: DTCFF), una empresa biotecnológica centrada en tecnologÃas de administración de fármacos, ha anunciado una colocación privada no intermediada de unidades de obligaciones. La compañÃa pretende recaudar hasta $1,2 millones mediante la oferta de unidades a $1.000 cada una.
Cada unidad consta de un debenture convertible al 8,0% con vencimiento a dos años y 1.666 warrants para comprar acciones ordinarias. Los debentures son convertibles en acciones ordinarias a $0,60 por acción, y los warrants pueden ejercerse a $0,75 por acción durante dos años. Los pagos de intereses se efectuarán anualmente, a elección de la compañÃa, en acciones al precio de conversión o en efectivo.
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ê°� ìœ ë‹›ì€ ë§Œê¸° 2ë…„ì˜ ì—� 8.0% ì „í™˜ì‚¬ì±„ì™¶Ä 1,666ì£¼ì˜ ë³´í†µì£� 매수 워런íŠ�ë¡� 구성ë©ë‹ˆë‹�. ì „í™˜ì‚¬ì±„ëŠ� 주당 $0.60ì—� 보통주로 ì „í™˜ 가능하ë©�, 워런트는 2ë…� ë™ì•ˆ 주당 $0.75ì—� 행사í•� ìˆ� 있습니다. ì´ìž ì§€ê¸‰ì€ ë§¤ë…„ 회사 재량ì—� ë”°ë¼ ì „í™˜ê°€ê²©ìœ¼ë¡� ì‚°ì •í•� 주ì‹ìœ¼ë¡œ 하거ë‚� 현금으로 지급ë©ë‹ˆë‹¤.
Defence Therapeutics (OTCQB: DTCFF), une société de biotechnologie spécialisée dans les technologies d'administration de médicaments, a annoncé un placement privé sans courtier d'unités de débentures. La société vise à lever jusqu'à 1,2 M$ par l'offre d'unités au prix de 1 000 $ chacune.
Chaque unité comprend une débenture convertible à 8,0% échéant dans deux ans et 1 666 bons de souscription d'actions ordinaires. Les débentures sont convertibles en actions ordinaires au prix de 0,60 $ par action, tandis que les bons sont exerçables à 0,75 $ par action pendant deux ans. Les intérêts seront payés annuellement, au choix de la société, soit en actions au prix de conversion, soit en espèces.
Defence Therapeutics (OTCQB: DTCFF), ein Biotechnologieunternehmen mit Schwerpunkt auf Wirkstoff-Delivery-Technologien, hat eine nicht über einen Broker vermittelte Privatplatzierung von Debenture-Einheiten angekündigt. Ziel ist es, bis zu $1,2 Millionen durch das Angebot von Einheiten zum Preis von $1.000 pro Einheit zu beschaffen.
Jede Einheit besteht aus einem 8,0%igen wandelbaren Debenture mit einer Laufzeit von zwei Jahren und 1.666 Bezugsrechten auf Stammaktien (Warrants). Die Debentures sind zu $0,60 je Aktie wandelbar, während die Warrants für zwei Jahre zu $0,75 je Aktie ausübbar sind. Zinszahlungen erfolgen jährlich und werden nach Wahl des Unternehmens entweder in Aktien zum Wandlungspreis oder in bar geleistet.
- None.
- Dilutive impact on existing shareholders upon conversion or warrant exercise
- 8.0% interest rate represents significant cost of capital
- Unsecured nature of debentures increases risk for investors
Montreal, Quebec--(Newsfile Corp. - August 22, 2025) - Defence Therapeutics Inc. (CSE: DTC) (OTCQB: DTCFF) (FSE: DTC) ("Defence" or the "Company"), a leading biotechnology company specialized in drug delivery technologies, is pleased to announce a non-brokered private placement of debenture units (the "Units") at a price of
The Debentures will bear interest at
Each Warrant will be exercisable to acquire one Common Share (a "Warrant Share") at an exercise price of
All securities issued in connection with the Offering will be subject to a statutory hold period of four months and one day following the closing date of the Offering in accordance with applicable securities legislation. Completion of the Offering is subject to a number of conditions, including, but not limited to, the receipt of all regulatory approvals. The Company may pay a finder's fee in connection with the Offering to eligible arm's length finders in accordance with the policies of the Canadian Securities Exchange.
This news release does not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Debentures and the Shares which may be issued on exercise thereof have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.
About Defence:
Defence Therapeutics is a publicly-traded clinical-stage biotechnology company developing and engineering the next generation of ADC products using its proprietary platform. The core of Defence Therapeutics platform is the ACCUM® technology, which enables precision delivery of ADCs in their intact form to target cells. As a result, increased efficacy and potency can be reached against cancer.
For further information:
Sebastien Plouffe, President, CEO and Director
P: (514) 947-2272
[email protected]
Cautionary Statement Regarding "Forward-Looking" Information
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Neither the CSE nor its market regulator, as that term is defined in the policies of the CSE, accepts responsibility for the adequacy or accuracy of this release.
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