NetworkNewsBreaks – InnerScope Hearing Technolog
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InnerScope Hearing Technologies (OTC: INND) is an emerging and disruptive leader in the direct-to-consumer hearing technology space. The company has announced its successful negotiation of the cancellation of a series of variable price convertible notes, with a total principal amount of $1.1 million held by GS Capital Partners LLC, resulting in a favorable restructuring of its financing agreements. “InnerScope is pleased to enter into these shareholder-friendly financing arrangements, which enhances our balance sheet and capital structure,” said Matthew Moore, president and CEO of InnerScope. “We appreciate the support from GS Capital in completing this transaction, as they continue to be a strong financial partner for us. We will work diligently to achieve the most attractive financing terms that support our growth and maximize value for our shareholders.”
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