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Venus Concept Announces $6.5 Million Debt-to-Equity Exchange Transaction
Globenewswire· 2025-07-01 20:05
Further reduction of outstanding debt by Madryn Asset Management improves the Company’s balance sheet positionTORONTO, July 01, 2025 (GLOBE NEWSWIRE) -- Venus Concept Inc. (“Venus Concept” or the “Company”) (NASDAQ: VERO), a global medical aesthetic technology leader, announced today that, on June 30, 2025, the Company exchanged $6.5 million of its subordinated convertible notes held by affiliates of Madryn Asset Management, LP (“Madryn”) for 325,651 shares of its Series Y preferred stock. Following the tra ...