Jan. 29 at 11:44 PM
$OTLC On January 23, 2026, Oncotelic Therapeutics secured
$398,333 in convertible debt from Mast Hill Fund, issuing a one-year, 10% secured note convertible at
$0.07 per share, together with 1,422,613 warrants at
$0.15, and restricted the use of proceeds to working capital. The agreement, backed by most company assets and paired with registration rights for the conversion shares and warrants, underscores a leverage-heavy financing that could dilute equity while bolstering near-term liquidity for ongoing oncology programs.