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powerbattles

03/05/18 2:33 AM

#4635 RE: catch the big one #4630

Rennova Health, Inc. Announces $9,016,136 Private Placement of Convertible Notes and Repayment or Restructuring of Existing Debt
https://www.rennovahealth.com/news-media/press-releases/detail/251/rennova-health-inc-announces-9016136-private-placement

The company has restructuring 9 million of existing debt which the upfront payment was $2,604,000 aggregate principal amount of Senior Secured Original Issue Discount Convertible Debentures due two years from the date of issuance (the "New Debentures")

on July 17, 2017 and due October 17, 2017 will exchange $4,136,862 principal amount of such debentures for $6,412,136 of new debentures
https://www.rennovahealth.com/news-media/press-releases/detail/251/rennova-health-inc-announces-9016136-private-placement
Look like this debt is a payoff and there is three series of warrants to purchase of company's common stock par value .01 per share.

and three series of warrants to purchase shares of the Company's common stock, par value $.01 per share (the "Common Stock"), (each, a "Warrant" and, collectively, the "Warrants").