-+ 0.00%
-+ 0.00%
-+ 0.00%

Optimi Health sets equity line of credit for up to US$100 million with Seven Knots

PUBT·08/27/2026 10:06:38
Listen to the news
Optimi Health sets equity line of credit for up to US$100 million with Seven Knots
  • Optimi Health entered a common shares purchase agreement with Seven Knots to set up a US$ 100 million equity line of credit.
  • Facility allows discretionary share sales over time, capped at US$ 2 million per draw, priced at 97% of a market-based reference.
  • Issued an unsecured, non-interest-bearing convertible promissory note for US$ 1.5 million as a commitment fee; a US$ 500,000 note may follow.
  • Commitment Notes mature in 24 months, convertible at 95% of the 20-day VWAP, subject to a US$ 3 per share floor.
  • No ELOC sales until an SEC Form F-1 registration statement for resale is declared effective.


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. Optimi Health Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-26-005754), on August 27, 2026, and is solely responsible for the information contained therein.