Non-Invasive Monitoring Systems guarantees Gravitics obligations ahead of planned merger
Reuters2026/08/21 20:31- Non-Invasive Monitoring Systems agreed to merge Merger Sub into Gravitics, leaving Gravitics as a wholly owned subsidiary.
- Gravitics drew a USD 1 million unsecured loan from BZH SPO on Aug. 18, 2026 to fund working capital pre-closing.
- Note matures 60 days from funding; interest is 4% per 30-day period with a 50% original issue discount per period.
- Guarantee of Gravitics’ obligations becomes effective at merger closing; repayment is expected from a public offering tied to closing.
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