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Achieve Life Sciences (ACHV) has provided an update.
Achieve Life Sciences, Inc. is in discussions with Silicon Valley Bank to refinance its term loans, proposing a $20 million credit facility with a 2028 maturity and interest-only payments until the end of 2025. While aiming to finalize the deal by August 2024, the current agreement is non-binding, leaving uncertainty as to whether the refinancing will proceed as planned.
For an in-depth examination of ACHV stock, go to TipRanks’ Stock Analysis page.