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Cyanotech Amends Promissory Note with Skywords

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Cyanotech Amends Promissory Note with Skywords

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An announcement from Cyanotech ( (CYAN) ) is now available.

On August 29, 2025, Cyanotech Corporation amended its promissory note with Skywords Family Foundation, increasing its borrowing limit from $4,000,000 to $4,600,000 and extending the maturity date to April 12, 2027. This amendment, involving the company’s Chairman and largest stockholder, Michael Davis, reflects strategic financial adjustments that may impact the company’s liquidity and financial planning.

The most recent analyst rating on (CYAN) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Cyanotech stock, see the CYAN Stock Forecast page.

Spark’s Take on CYAN Stock

According to Spark, TipRanks’ AI Analyst, CYAN is a Neutral.

Cyanotech’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenue, negative margins, and high leverage. The technical analysis further indicates bearish momentum, with the stock trading below key moving averages. Valuation metrics are also weak, with a negative P/E ratio and no dividend yield. These factors collectively result in a low overall stock score.

To see Spark’s full report on CYAN stock, click here.

More about Cyanotech

Average Trading Volume: 7,108

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.46M

For an in-depth examination of CYAN stock, go to TipRanks’ Overview page.

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