Newsfile Corp
12 Jun 2026, 12:45 UTC · 3h ago
Paragon Advanced Labs Agrees to Settle Debt Through Strategic Debt-to-Equity Conversion
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
Newsfile Corp
12 Jun 2026, 12:45 UTC · 3h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
2 claims · each scored for market impact
Paragon Advanced Labs is settling USD $2 million plus accrued interest of a secured promissory note by issuing 1,356,135 common shares. — Eliminating a secured debt obligation removes a significant balance sheet risk and improves the company's financial solvency.
+0.60The debt settlement involves issuing shares at a deemed price of C$2.42 per share, resulting in the creditor holding approximately 6% of the company. — The issuance of over 1.3 million new shares creates equity dilution for existing shareholders.
-0.30Which stocks this story touches
The company is reducing a key balance sheet risk by settling USD $2,000,000 in debt through a share issuance.
Continue reading
6 related stories
Search tags
Free · No account
Get a free daily PDF briefing — the last 24 hours of news, with summaries and the market-impact score for each story, delivered an hour before the open.
We’ll watch
Pre-filled from this story — remove any you don’t want. Add more tickers & tags or fine-tune your watchlist anytime — every email has an edit link, no account needed.
Free forever · one email a day, max · unsubscribe in one click.How it works
How the impact breaks down
Where the story's weight lands
Stocks most exposed
Modeled from each name's sensitivity to this story
No stock impact ranking available yet.
Zacks Investment Research
3h ago
