SS Innovations sells USD 21.03 million secured convertible promissory note in debt offering
SS Innovations priced a USD 20 million secured convertible promissory note offering to an institutional investor. Note principal totals USD 21.03 million, reflecting a USD 1 million original issue discount, USD 25,000 transaction expenses. Interest set at 8.75% per annum, compounded daily; maturity set for 36 months fr