IN BRIEF: NetScientific investee PDS secures USD35 million financing
25th Aug 2022 14:38
NetScientific PLC - London-based life sciences and sustainability technology investment firm - Says portfolio company PDS Biotechnology Corp has entered into a debt financing agreement led by Horizon Technology Finance Corp to provide up to a USD35.0 million term loan. As part of the financing, PDS has received an initial tranche of USD25 million. It has the option to receive an additional USD10 million. Each advance of the loan will be repaid in 48 monthly payments consisting of 24 monthly payments of interest only, followed by 24 monthly payments of principal and accrued interest. Read More