Fennec Pharmaceuticals completes full debt redemption

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Fennec Pharmaceuticals Announces Completion Of Full Debt Redemption

November 19, 2025 7:03 AM EST

RESEARCH TRIANGLE PARK, N.C., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Fennec Pharmaceuticals Inc. (NASDAQ: FENC) (TSX: FRX) (Fennec or the Company), a specialty pharmaceutical company, today announced it has repurchased and redeemed all of Fennecs outstanding convertible notes issued to Petrichor Opportunities Fund I LP and Petrichor Opportunities Fund I Intermediate LP using proceeds from the closing of the Companys previously announced underwritten public offering in the United States and concurrent private placement in Canada, closed on November 17 and 18, 2025, respectively. The Company has no outstanding debt after the redemption... More