Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · AGENUS INC (AGEN)

Agenus amends $24.75 million Ocean 1181 loan, extends maturity to November 2029

Mixed Impact 3 of 5 financing Written later

Agenus and its subsidiary Agenus West amended a loan from Ocean 1181 LLC, with the outstanding principal unchanged at $24,750,000 and maturity extended to November 30, 2029. The loan carries a 13.0% annual interest rate, and interest and a $247,500 extension fee will be paid partly in newly issued common stock, which adds potential dilution for shareholders.

Key points

  • Outstanding principal remains $24,750,000; maturity extended to November 30, 2029
  • Interest rate of 13.0% per annum through maturity; monthly interest payable one-half in cash and one-half in common stock
  • Extension fee of $247,500, payable one-half in cash and one-half in common stock
  • Agreement signed August 12, 2026; shares to be issued to the lender in exempt private transactions

The filing

CompanyAGENUS INC (AGEN)
Form8-K, current report
Filed with the SECAug 18, 2026, 4:30 PM ET
Accession number0001193125-26-355559

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation3.02 Unregistered Equity Sale

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 18, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.