Clene extends debt maturity to Aug 2027, defers $150K monthly payments starting Sept 2026

Filed May 22, 2026 · Period ending May 18, 2026 · ~1 min read

Key Changes

• high

  Clene amended its senior secured convertible notes to push maturity from 2026 to August 2027 (or earlier if change of control occurs), buying an extra year before debt comes due.

  Item 1.01 verify on EDGAR →
• high

  Monthly principal and interest payments of $150,000 that were set to begin September 2026 have been deferred entirely, with all amounts now due at the August 2027 maturity date—providing near-term cash relief but concentrating repayment risk.

  Item 1.01 verify on EDGAR →
• medium

  Stockholders approved expanding the 2020 Stock Plan by 1,000,000 shares for employee equity compensation, which will dilute existing shareholders proportionally.

  Item 5.07 verify on EDGAR →