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News 2026-10-08 21:23 UTC

FibroBiologics issues $1.2M zero-interest convertible debenture

FibroBiologics entered a securities purchase agreement with Peak One for a $1.2 million one-year convertible debenture in a private placement and 125,000 commitment shares. The debenture was sold for $1.02 million at a 15% OID and carries 0% interest.