Karyopharm Therapeutics Inc

Karyopharm Therapeutics Inc (KPTI) News & Events

$0.832

+0.610 (+73.35%)At close

KPTI News

KPTI Events

10/28 09:15

Largest Indicative Borrow Rate Increases in Liquid Options

Latest data shows the largest indicative borrow rate increases among liquid option names include: Banco Bradesco (BBD) 4.34% +4.01, HIVE Blockchain (HIVE) 3.86% +1.60, GRANITESHARES 2X LONG AMD DAILY ETF (AMDL) 7.67% +0.89, ProShares Ultra VIX Short Term Futures (UVXY) 4.56% +0.75, DEFIANCE DAILY TARGET 2X LONG SMCI ETF (SMCX) 18.11% +0.67, Karyopharm (KPTI) 7.11% +0.51, GRANITESHARES 2X LONG PLTR DAILY ETF (PTIR) 4.51% +0.37, Richtech Robotics Inc (RR) 0.90% +0.34, Nautilus Biotechnology (NAUT) 0.72% +0.25, and Tidal Trust II (IRE) 21.84% +0.20.

10/22 09:00

Borrow Rates Rise for Liquid Options Names

Latest data shows the largest indicative borrow rate increases among liquid option names include: GRANITESHARES 2X LONG MU DAILY ETF (MULL) 13.02% +0.64, ASP Isotopes Inc (ASPI) 6.49% +0.54, Karyopharm (KPTI) 8.84% +0.46, WhiteFiber Inc (WYFI) 4.27% +0.41, Lucid Group (LCID) 24.42% +0.30, Direxion Daily Semiconductor Bear 3X Shares (SOXS) 2.79% +0.25, 2X ETHER ETF (ETHU) 4.91% +0.24, iShares Australia (EWA) 2.57% +0.23, Enovix (ENVX) 3.80% +0.23, and Sealsq Corp (LAES) 14.87% +0.23.

9/11 08:00

Karyopharm Enters Forbearance Agreement with Creditors

In a regulatory filing, Karyopharm announced that the company and its subsidiary guarantors entered into a Forbearance Agreement and Limited Waiver to Indentures to provide the company with additional time to continue to advance its myelofibrosis program, further negotiate with its lenders, pursue strategic alternatives, or consummate an equity capital raise. The Forbearance Agreement is with (i) the lenders under the company's Credit and Guaranty Agreement, dated May 8, 2024, as amended, (ii) holders of 100% of the outstanding principal amount of the Company's 9.00% Convertible Senior Notes due 2028 (the "2028 Notes") issued under that certain Indenture, dated as of October 10, 2025 and 9.00% Convertible Senior Notes due 2029 issued under that certain Indenture, dated as of October 10, 2025, (iii) the investor representative under the company's Revenue Interest Financing Agreement, dated September 14, 2019, as amended, acting at the direction of the investors thereunder, and (iv) Wilmington Savings Fund Society, FSB, in its applicable agent and trustee capacities. The company did not pay the principal installment of approximately $15.8M due under the Credit Agreement on September 10, 2026 and does not expect to pay the cash interest due on September 30, 2026 under the Credit Agreement and the Indentures. Additionally, the company did not make cash interest payments on the Notes on June 30, 2026 and the Company may not satisfy the $25M minimum liquidity covenant that will apply under the Credit Agreement and the Indentures after October 10, 2026.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

Start trading