Financing ·
Dror Ortho-Design raises $245K via debentures and extends $2.4M prior debt to Dec 31, 2026
DRORDror Ortho-Design, Inc.
Dror Ortho-Design entered into a Securities Purchase Agreement for a private placement of $245,000 in zero-coupon debentures maturing December 31, 2026. The transaction includes warrants contingent on a future public offering. Additionally, holders of $2,400,000 in prior debentures issued between June and August 2026 elected to extend the maturity date to December 31, 2026. No other terms were modified for the prior debt. The company operates in the orthopedic medical device industry.