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Mangoceuticals, Inc. ( (MGRX) ) has shared an update.
On December 4, 2025, Mangoceuticals, Inc. borrowed $75,000 from The Tiger Cub Trust, controlled by the company’s CEO and Chairman, Jacob D. Cohen. The loan is evidenced by a Promissory Note with an 18% annual interest rate, maturing on December 4, 2026, or earlier under certain conditions. The note includes terms for prepayment, default events, and a mandatory prepayment provision tied to a Qualified Financing event. This financial maneuver reflects the company’s strategic efforts to manage capital and financial obligations effectively.
More about Mangoceuticals, Inc.
Average Trading Volume: 1,416,541
Technical Sentiment Signal: Sell
Current Market Cap: $15.71M
For a thorough assessment of MGRX stock, go to TipRanks’ Stock Analysis page.