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Trellus Health's US Subsidiary Gets Loan from Executive Management
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05:30 AM EDT, 08/12/2026 (MT Newswires) -- Trellus Health's (TRLS.L) US unit Trellus Health Inc secured a $50,000 loan from some members of its executive management team, extending its cash runway to late August. The unsecured loan carries an interest rate of 5% per year and is payable on Sept. 24 or earlier if a deal related to the subsidiary is closed, according to a Wednesday release. The British digital healthcare company also said that advanced discussions with a potential buyer of some of its assets, including shares in Trellus Health Inc, were discontinued, but it is in earlier-stage talks with other parties. The company's shares have been suspended from trading since May due to uncertainty over its financial position.
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