Sientra Secures Amendment for Financial Flexibility

Sientra (SIEN) has released an update to notify the public and investors about an entry into a material definitive agreement.

On January 28, 2024, Sientra, Inc. executed Amendment No. 2 to its series of temporary waivers with Deerfield Partners, extending the waiver period to February 11, 2024, and reducing the minimum cash balance requirement from $8 million to $5 million. This amendment follows previous disclosures and amendments to their Facility Agreement, and is contingent on conditions set in the original waiver.

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