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Qualigen Therapeutics Amends Promissory Note with Marizyme

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Qualigen Therapeutics Amends Promissory Note with Marizyme

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Qualigen Therapeutics ( (QLGN) ) has provided an update.

On September 15, 2025, Qualigen Therapeutics, Inc. amended its Secured Demand Promissory Note with Marizyme, Inc., adjusting the maturity date to August 21, 2026, and increasing the principal amount by $75,000 to a total of $4,526,462.18. This amendment ensures the company’s obligations remain secured and reflects a strategic financial adjustment, potentially impacting its financial stability and stakeholder interests.

Spark’s Take on QLGN Stock

According to Spark, TipRanks’ AI Analyst, QLGN is a Underperform.

Qualigen Therapeutics’ overall stock score is low due to significant financial challenges, including declining revenue, substantial losses, and financial instability. The bearish technical analysis further dampens the outlook. However, recent corporate events like strategic investments and leadership changes provide a slight positive outlook on future potential improvements.

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

More about Qualigen Therapeutics

Average Trading Volume: 856,716

Technical Sentiment Signal: Sell

Current Market Cap: $3.44M

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

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