NutriBand Inc. amends $5 million three-year credit line at 7% interest
NutriBand Inc. entered into an amended three-year, $5,000,000 credit line on June 1, 2026, replacing a $5,000,000 facility from March 19, 2023 that was scheduled to expire July 13, 2026. The line is meant to fund the FDA approval process and commercial-scale manufacturing for its AVERSA Fentanyl product, and the filing states the lender cannot convert borrowings into common stock.
Key points
- Three-year, $5,000,000 credit line entered June 1, 2026, replacing the March 19, 2023 facility
- Drawdowns bear interest at 7% per annum
- Lender cannot convert amounts outstanding under the line into common stock
- Proceeds to support FDA approval and commercial-scale manufacturing of AVERSA Fentanyl
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 June 22, 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.