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Recent Updates — NIMUD

August 21, 2026View Source ↗

Non-Invasive Monitoring Systems, Inc. entered into a Guarantee and Assumption Agreement for a $1,000,000 unsecured loan taken by Gravitics, Inc., which is being merged into the Company as a wholly owned subsidiary. The loan bears interest at 4.0% per 30-day period with a 50% original issue discount and matures 60 days after funding on August 18, 2026. Repayment is mandatory from proceeds of a proposed public offering consummated concurrently with the merger. This transaction supports working capital needs pending the completion of the reverse takeover and associated financing.