QualityStocksNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Executes Repayments, Extensions of Promissory Notes
Predictive Oncology (NASDAQ: POAI) on Monday announced that it repaid or extended the secured promissory notes that were due September 28, 2019. POAI repaid the remaining principal and interest balance of $478,590 on one note on September 27th. The company also secured a new investment of $700,000 from a private investor in exchange for a new 8% secured promissory note due on March 27, 2020 with an original principal amount of $847,500. POAI issued 88,574 shares of common stock and a 682,368 share warrant to the new investor. The company also amended the other outstanding note to extend the maturity…