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scPharmaceuticals Announces Non-Dilutive Financing Totaling $125 Million with Perceptive Advisors Page 1

Posted on by Vaseline
scPharmaceuticals Announces Non-Dilutive Financing Totaling 5 Million with Perceptive Advisors Page 1

scPharmaceuticals received $75 million through a combination of debt and royalty financing at closing, with access to an additional $50 million

The term loan refinances the principal amount of the existing debt, reduces the coupon, extends the interest-only period by four additional years and reduces the minimum cash requirement to $5 million

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