
Debt Financing ·
Agenus extends Ocean 1181 loan maturity to November 2029
The loan principal stays at $24,750,000 and the rate stays at 13.0%. The $247,500 extension fee is paid half in cash and half in shares.
AGEN Agenus Inc.

Debt Financing ·
The loan principal stays at $24,750,000 and the rate stays at 13.0%. The $247,500 extension fee is paid half in cash and half in shares.
The District of Massachusetts dismissed In re Agenus Inc. Securities Litigation on March 24, 2026. The lead plaintiff appealed to the First Circuit, where briefing began in June. Derivative suits remain stayed.
Agenus pushed back the maturity of $5.09 million of 2015 notes by eight months, to February 18, 2027, and extended the expiration of earlier warrants to June 25, 2031. The filing does not describe new cash from the deal.
Agenus received $75 million, less certain expenses, for its manufacturing operations, and sold 2,133,333 shares to a Zydus affiliate at $7.50 each. Up to $50 million in further payments depends on orders for its BOT+BAL drug product.
The note bears interest at 3.81% a year and is tied to the closing of an asset and stock purchase deal the companies signed on June 3, 2025.
The interest rate on the notes rises from 8% to 9%, and Agenus will grant a subordinate mortgage on properties owned by Agenus West, LLC. New warrants cover 67,500 shares.
| Line | FY2025 | FY2024 |
|---|---|---|
| Research and development | $79.3 million | $155.5 million |
| Cash from operations | -$77.2 million | -$158.3 million |
| Cash and equivalents | $3.0 million | $40.4 million |
Our latest story on this, dated Aug 7, 2026: "Agenus securities class action dismissed, plaintiff appeals; SEC closes investigation". The story links the filing or release it is based on. Read the story.
Agenus Inc. trades under the ticker AGEN on NASDAQ.
Agenus Inc. is listed on NASDAQ. Our directory also records these other listings: BX:AGEN; GETTEX:AJ8; LSX:A403RK.
The SEC Central Index Key (CIK) for Agenus Inc. is 1098972. Its filings are on SEC EDGAR.
45,020,407 shares as of 2026-08-04, per the cover page of its 10-Q filed 2026-08-07.
Our directory records Agenus Inc. under United States.
Our directory classifies Agenus Inc. as: Biotechnology. This is a directory classification, not a description of the pipeline.
The ISIN recorded for Agenus Inc. is US00847G8042.
aibio.space lists Agenus Inc. among 2,820 public biotech companies and publishes its news here as stories appear.
SEC records list its state or country of incorporation as DE.
$79.3 million in the fiscal year ended Dec 31, 2025, per its annual report.
$18.7 million in cash at Jun 30, 2026, per its 10-Q.
Our latest story on Agenus, dated Aug 12, 2026: "Agenus extends Ocean 1181 loan maturity to November 2029". The loan principal stays at $24,750,000 and the rate stays at 13.0%. The $247,500 extension fee is paid half in cash and half in shares. Source.
Our latest financing story, dated Oct 9, 2025: "Agenus takes up to $10,000,000 loan from Zydus, pledges 822,910 MiNK shares". The note bears interest at 3.81% a year and is tied to the closing of an asset and stock purchase deal the companies signed on June 3, 2025. Source.
From our story: Agenus Inc. said that on August 12, 2026, its subsidiary Agenus West, LLC, as borrower, and Agenus, as guarantor, entered into a Second Loan Modification Agreement with Ocean 1181 LLC, the lender. Source.
Reported an unregistered sale of its securities. SEC Form 8-K (Items 1.01,2.03,3.02). Source
Reported a financing. SEC Form 8-K (Items 1.01,3.02,7.01,8.01,9.01). Source
Disclosed a shareholder lawsuit, subpoena or other legal matter. SEC Form 8-K (Items 8.01). Source
Reported substantial doubt about its ability to continue as a going concern. SEC Form 10-K. Source
Reported completing an acquisition or a sale of assets. SEC Form 8-K (Items 2.01,3.02,7.01,9.01). Source
Reported a financing. SEC Form 8-K (Items 1.01,2.03). Source
Reported a financing. SEC Form 8-K (Items 1.01,7.01,9.01). Source
Reported substantial doubt about its ability to continue as a going concern. SEC Form 10-K. Source
Disclosed a shareholder lawsuit, subpoena or other legal matter. SEC Form 10-K. Source
Reported an unregistered sale of its securities. SEC Form 8-K (Items 1.01,2.03,3.02,9.01). Source
Reported the end of a material agreement. SEC Form 8-K (Items 1.02). Source
Reported a restructuring, a workforce reduction or a review of strategic alternatives. SEC Form 8-K (Items 2.05,9.01). Source
Reported an unregistered sale of its securities. SEC Form 8-K (Items 1.01,2.03,3.02,7.01,9.01). Source
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