Greenbrook TMS (GBNH) Announces $2M Debt Financing

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GREENBROOK TMS OBTAINS ADDITIONAL DEBT FINANCING

August 15, 2023 9:00 AM EDT

TORONTO, Aug. 15, 2023 /PRNewswire/ - Greenbrook TMS Inc. (NASDAQ: GBNH) ("Greenbrook" or the "Company") today announced the Company entered into a note purchase agreement (the "Note Purchase Agreement") with Greybrook Health Inc. ("Greybrook Health") and certain affiliates of Madryn Fund Administration, LLC ("Madryn") whereby the Company issued and sold $2 million aggregate principal amount of unsecured subordinated convertible promissory notes (the "Subordinated Convertible Notes") to Greybrook Health and certain affiliates of... More