Avinger (AVGR) has released an update to notify the public and investors about an entry into a material definitive agreement.
Avinger, Inc. amended its Term Loan Agreement with CRG Partners III L.P. and affiliated funds on January 26, 2024, to reduce the minimum liquidity requirement from $3.5 million to $1 million until April 1, 2024. After this date, the original liquidity requirement of $3.5 million will be reinstated.
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