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MEI Pharma Secures Loan Agreement with BitGo Prime

Story Highlights
  • MEI Pharma signed a loan agreement with BitGo Prime on September 3, 2025.
  • The agreement allows borrowing digital assets or cash, secured by collateral exceeding the loan amount.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MEI Pharma Secures Loan Agreement with BitGo Prime

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MEI Pharma ( (MEIP) ) has issued an update.

On September 3, 2025, MEI Pharma, Inc. entered into a master loan agreement with BitGo Prime, LLC, allowing the company to borrow digital assets or cash. This agreement outlines the terms for each loan, including interest rates, collateral requirements, and termination conditions. The agreement is secured by collateral, which must exceed the borrowed amount, and failure to maintain sufficient collateral can lead to default and liquidation of pledged assets.

Spark’s Take on MEIP Stock

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

MEI Pharma’s overall stock score is low, primarily due to significant financial performance challenges and poor valuation metrics. Weak revenue and profitability, declining asset base, and negative cash flow contribute to a fragile financial position. Additionally, technical indicators suggest a bearish trend, further impacting investor sentiment. Without clear guidance or positive corporate events, the stock’s outlook remains unfavorable.

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

More about MEI Pharma

Average Trading Volume: 1,152,743

Technical Sentiment Signal: Buy

Current Market Cap: $159.3M

See more insights into MEIP stock on TipRanks’ Stock Analysis page.

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