Hyperion DeFi repays $8.6 million Avenue Capital loan, retires all long-term debt
Hyperion DeFi, formerly Eyenovia, repaid its Avenue Capital loan in full on September 28, 2026, paying about $8.6 million with no early termination penalty, and says it has no long-term debt outstanding. The repayment was funded partly by sales of HYPE tokens, and the company has also begun repurchasing its common stock. The $14.5 million cash figure it reported is preliminary and unaudited.
Key points
- September 28, 2026: repaid the Loan Agreement with Avenue Capital in full for about $8.6 million; liens were released and no early termination penalty was incurred.
- Repayment was funded by HYPE token sales and cash on hand; 200,000 HYPE and HYPE liquid staking tokens were sold in the quarter ended September 30, 2026.
- Repurchased 240,124 HYPD common shares at a weighted average gross price of $3.21 per share, as announced October 2, 2026.
- As of September 30, 2026, cash, cash equivalents and USDC stablecoin totaled about $14.5 million (preliminary, unaudited); the company held 1.85 million Gross HYPE tokens.
The filing
Written by AI on Nov 9, 2026, 8:53 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 October 02, 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.