Optimi Health signs USD 100 million equity line with Seven Knots LLC

Reuters2026/08/14 21:20

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Optimi Health entered a common shares purchase agreement with Seven Knots for up to USD 100 million of common shares.
Drawdowns occur at the company’s discretion via VWAP Purchase Notices, capped at USD 2 million per VWAP Purchase.
Purchase price set at 97% of the lower of intraday VWAP or the day’s lowest sale price, subject to a floor.
Investor receives two convertible promissory notes: USD 1.5 million issued immediately, USD 500,000 triggered once purchases reach USD 7 million.
Investor ownership capped at 4.99% of outstanding common shares, limiting issuances under the facility.

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. Optimi Health Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-090286), on August 14, 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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Optimi Health signs USD 100 million equity line with Seven Knots LLC

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