Agenus extends $24.75 million loan maturity to Nov. 2029 in Ocean 1181 amendment

Reuters2026/08/18 20:31

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Agenus West entered a Second Loan Modification Agreement with Ocean 1181 on a promissory note originally dated Nov. 26, 2024.
Outstanding principal remains USD 24.75 million; maturity extended to Nov. 30, 2029; interest set at 13% through maturity.
Monthly interest to be paid half in cash, half in Agenus common stock; extension fee set at USD 247,500, split similarly.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Agenus Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-355559), on August 18, 2026, and is solely responsible for the information contained therein.

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Agenus extends $24.75 million loan maturity to Nov. 2029 in Ocean 1181 amendment

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