Crunch time is not end of this quarter.18 Mar 2026 14:19
It's end of the year
The Facility is structured to provide Trellus Health with flexible, staged access to capital to support its operational and commercial objectives, while managing dilution and aligning funding availability with execution milestones.
Key features include:
Β· 12 month facility of up to Β£5 million in principal, available in multiple tranches;
Β· conversion at a discount to market price at the time of conversion, with tranche-specific terms; and
Β· warrant coverage issued in connection with each tranche.