Longevity Health Secures Up to $625K Convertible Note Facility with Puritan Partners
XAGEW has more than doubled off its 52-week low of $0.001.
Summary
Longevity Health Holdings entered into a securities purchase agreement with Puritan Partners for up to $625,000 in gross proceeds via 10% senior secured convertible notes. The initial $375,000 tranche closed August 31, 2026; two additional tranches are contingent on registration and investor discretion.
Key Events · Financing and Capital Events · XAGEW
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Up to $625K Convertible Note Facility
Securities Purchase Agreement with Puritan Partners provides for up to $694,445 in principal of 10% senior secured convertible notes with 10% OID, expected to yield up to $625,000 in gross proceeds.
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Initial $375K Tranche Closed
Initial closing on August 31, 2026 issued a $416,667 principal note due February 29, 2028, convertible at $0.50 per share — approximately 94x above the current $0.0053 share price.
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Two Additional Tranches Contingent
Second tranche of $138,889 principal requires resale registration effectiveness; third tranche of $138,889 is at Puritan's sole discretion.
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Secured by Substantially All Assets
The notes are secured by substantially all assets of the Company and its subsidiaries, giving Puritan senior creditor claims.
Analysis · XAGEW · Industrial Applications And Services
Longevity Health Holdings disclosed the full terms of a new securities purchase agreement with Puritan Partners, expanding the previously reported $416,667 note into a facility of up to $694,445 in principal (approximately $625,000 in gross proceeds). The initial $375,000 tranche closed August 31, 2026, with two additional tranches of $138,889 each contingent on registration effectiveness and Puritan's discretion. The notes carry a 10% interest rate, 10% original issue discount, and a $0.50 fixed conversion price — a conversion price roughly 94x above the current $0.0053 share price, meaning the notes are deeply out-of-the-money and unlikely to convert near-term. The facility is secured by substantially all company assets, giving Puritan senior claims in a distress scenario. For a micro-cap company with a market cap near $520,000, this financing provides critical runway but adds significant overhang and creditor leverage.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.2% of the 1961 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.20%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, XAGEW was trading at $0.01 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $519.8K. The 52-week trading range was $0.00 to $0.50. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.