Secures new $10.0 million debt facility to replace remaining $7.85 million of Avenue Capital debt Improves cash position enabling Clene to generate the additional data to support the new drug application of CNM-Au8 ® for ALS via an accelerated regulatory pathway Carries a 12% interest rate per annum and is secured by all assets of Clene Includes conversion feature on 65% of the new debt facility at a fixed conversion price... Read More