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Parabolic Technologies Repays $11.6 Million in Debt Ahead of Schedule

PUBT·11/10/2026 13:37:11
Parabolic Technologies Repays $11.6 Million in Debt Ahead of Schedule
  • Parabolic Technologies repaid $11.6 million in debt ahead of schedule today, eliminating all secured debt.
  • The repayments were funded primarily with $12.1 million in net proceeds from a recently closed public offering.
  • Fully repaid the $5.1 million senior convertible note with CP BF Lending.
  • Paid off the $4.6 million convertible bridge note with Evergreen Capital Management.
  • Fully repaid 3i, LP’s senior convertible Private Placement Note and retired all associated outstanding warrants, totaling $1.9 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parabolic Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611100830PRIMZONEFULLFEED9874091) on November 10, 2026, and is solely responsible for the information contained therein.