CryoPort Inc (CYRX)

[ConstitutionNow]

What do you make of this? Are they going to pay off part of that last money raise?

'On June 24, 2019, the Company and Petrichor Opportunities Fund I LP (the “Holder”) agreed to temporarily delay the effectiveness of the mandatory conversion provisions of the Company’s convertible note issued to the Holder (the “Note”), dated as of December 14, 2018, such that in the event the mandatory conversion provisions under Section 3.5 of the Note are triggered prior to July 10, 2019, the Mandatory Conversion Date (as defined in the Note) shall be deemed to occur on July 10, 2019.'