Non-Invasive Monitoring Systems amended multiple outstanding promissory notes to extend their maturities to June 30, 2026 and entered a new short-term note for additional liquidity. The amendments with Frost Gamma Investments Trust and Jane Hsiao do not change other terms, aligning maturities and deferring near-term repayments. The company also issued a new $100,000 note to Frost Gamma Investments Trust at 11% interest, payable at maturity, which is prepayable without penalty. These actions are intended to enhance financial flexibility and support ongoing operations.
Agreement 1: Non-Invasive Monitoring Systems Signs Third Amendment to Promissory Note With Frost Gamma Investments Trust
- Agreement type: Third amendment to promissory note (maturity extension)
- Counterparty: Frost Gamma Investments Trust
- Signed / Effective: Jan 5 2026 / same
- Duration / Termination: Until Jun 30 2026
- Reason: Extend maturities and support liquidity
Agreement 2: Non-Invasive Monitoring Systems Signs Third Amendment to Promissory Note With Jane Hsiao
- Agreement type: Third amendment to promissory note (maturity extension)
- Counterparty: Jane Hsiao
- Signed / Effective: Jan 5 2026 / same
- Duration / Termination: Until Jun 30 2026
- Reason: Enhance flexibility and defer near-term payments
Agreement 3: Non-Invasive Monitoring Systems Signs Third Amendment to Promissory Note With Frost Gamma Investments Trust
- Agreement type: Third amendment to promissory note (maturity extension)
- Counterparty: Frost Gamma Investments Trust
- Signed / Effective: Jan 5 2026 / same
- Duration / Termination: Until Jun 30 2026
- Reason: Extend debt maturity runway
Agreement 4: Non-Invasive Monitoring Systems Signs Third Amendment to Promissory Note With Jane Hsiao
- Agreement type: Third amendment to promissory note (maturity extension)
- Counterparty: Jane Hsiao
- Signed / Effective: Jan 5 2026 / same
- Duration / Termination: Until Jun 30 2026
- Reason: Support liquidity and operations
Agreement 5: Non-Invasive Monitoring Systems Signs Second Amendment to Promissory Note With Frost Gamma Investments Trust
- Agreement type: Second amendment to promissory note (maturity extension)
- Counterparty: Frost Gamma Investments Trust
- Signed / Effective: Jan 5 2026 / same
- Duration / Termination: Until Jun 30 2026
- Reason: Improve near-term financial flexibility
Agreement 6: Non-Invasive Monitoring Systems Signs Second Amendment to Promissory Note With Frost Gamma Investments Trust
- Agreement type: Second amendment to promissory note (maturity extension)
- Counterparty: Frost Gamma Investments Trust
- Signed / Effective: Jan 5 2026 / same
- Duration / Termination: Until Jun 30 2026
- Reason: Defer repayment and manage cash
Agreement 7: Non-Invasive Monitoring Systems Signs Second Amendment to Promissory Note With Frost Gamma Investments Trust
- Agreement type: Second amendment to promissory note (maturity extension)
- Counterparty: Frost Gamma Investments Trust
- Signed / Effective: Jan 5 2026 / same
- Duration / Termination: Until Jun 30 2026
- Reason: Support cash management
Agreement 8: Non-Invasive Monitoring Systems Signs Second Amendment to Promissory Note With Frost Gamma Investments Trust
- Agreement type: Second amendment to promissory note (maturity extension)
- Counterparty: Frost Gamma Investments Trust
- Signed / Effective: Jan 5 2026 / same
- Duration / Termination: Until Jun 30 2026
- Reason: Increase financial flexibility
Agreement 9: Non-Invasive Monitoring Systems Signs First Amendment to Promissory Note With Frost Gamma Investments Trust
- Agreement type: First amendment to promissory note (maturity extension)
- Counterparty: Frost Gamma Investments Trust
- Signed / Effective: Jan 5 2026 / same
- Duration / Termination: Until Jun 30 2026
- Reason: Align maturities across notes
Agreement 10: Non-Invasive Monitoring Systems Signs Promissory Note With Frost Gamma Investments Trust
- Agreement type: Unsecured promissory note, $100,000 at 11% due Jun 30 2026
- Counterparty: Frost Gamma Investments Trust
- Signed / Effective: Jan 2 2026 / same
- Duration / Termination: Until Jun 30 2026
- Reason: Bolster near-term liquidity
Original SEC Filing:
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