On June 17, 2026, Lixte Biotechnology Holdings, Inc. issued a $6,500,000 Secured Promissory Note to NOMAD Transportable Power Systems, Inc. in connection with a previously announced merger agreement. The funds are designated to repay NOMAD's outstanding obligations to BPCP Investment Holdings, LP and for NOMAD's working capital. The Note is secured by a first-priority security interest in substantially all of NOMAD's assets and matures in 30 days, with automatic 30-day extensions while the Merger Agreement remains active. Upon closing of the merger, the principal will be offset against amounts deliverable to NOMAD. Lixte Biotechnology Holdings, Inc. operates in the biotechnology industry.
