Glucotrack secures $11.5M in convertible note financing

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Go back to Glucotrack secures $11.5M in convertible note financing

Glucotrack Announces $11.5 Million Financing

September 11, 2026 8:00 AM EDT

RUTHERFORD, N.J. & LA JOLLA, Calif.--(BUSINESS WIRE)-- Glucotrack, Inc. (NASDAQ: GCTK) (Glucotrack or the Company) today announced definitive agreements for convertible notes with an aggregate principal amount of approximately $11.5 million, including approximately $4.5 million of new cash investment and approximately $4.5 million of existing notes being rolled over, with the aggregate principal amount reflecting a 22% original issue discount. The financing is structured as convertible debt with an initial conversion price of $3.12 per share. In connection with the financing, investors will also receive warrants exercisable at $7.50 per share.

Dawson James Securities, Inc. acted as Sole... More