Molecule Holdings wins partial OSC cease-trade revocation to restructure secured debt, raise up to $300,000 in private placement

Reuters2026/09/01 01:33

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Molecule received an Ontario Securities Commission partial revocation order on Aug. 28, 2026 to execute a secured-debt restructuring.
Outstanding secured debt totals $2.5 million, including convertible secured debentures and a secured note, with 8%-12% interest terms.
Plan settles $544,489.68 of principal, accrued interest, and a 10% penalty into shares at $0.015, capped at 9.99% ownership.
Remaining $1.96 million becomes Amended Secured Debt at 12% interest, maturing three years from closing; junior interest paid in shares.
Proposed non-brokered private placement targets up to 30,000,000 units at $0.01 for gross proceeds up to $300,000.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Molecule Holdings Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608312130TNWSWRCACNPR_____1A8vFjDqE) on September 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Molecule Holdings wins partial OSC cease-trade revocation to restructure secured debt, raise up to $300,000 in private placement

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