Jupiter Neurosciences, Inc. (NASDAQ: JUNS) entered into an omnibus amendment with Yorkville on February 20 2026, and the company announced the change on February 23 2026. The amendment modifies the installment payment provisions of the $6 million convertible promissory notes issued under the company’s Standby Equity Purchase Agreement, but it does not alter the underlying economic terms, pricing, or maturity of the financing. The commencement of monthly installment payments has been deferred to April 1 2026, giving the company additional time to fund its operations.
The primary purpose of the amendment is to align Jupiter’s capital structure with its clinical and commercial execution plans. By postponing debt service, the company preserves cash that would otherwise be used to service the notes, thereby extending its capital runway. The extended runway is intended to support the advancement of the Phase II Parkinson’s trial and the scaling of the Nugevia consumer business, both of which are central to the company’s dual‑path strategy.
"This amendment reflects a deliberate and aligned decision between Jupiter and Yorkville. Yorkville demonstrated its commitment to our long‑term strategy by adjusting installment timing without changing pricing, maturity or other economic terms. That alignment enables us to remain focused on advancing our Phase II Parkinson's program while continuing to scale Nugevia™ and build commercial cash flow," said CEO Christer Rosén.
Nugevia, the company’s consumer longevity product line, is showing early traction. Repeat purchases are approximately 25 % and returns are roughly 3 %, indicating strong customer retention and low product attrition. These metrics support the company’s goal of generating commercial cash flow to fund its clinical pipeline.
The Phase II Parkinson’s trial is progressing as planned, with enrollment underway and early data expected in the coming months. The trial’s advancement, combined with the Nugevia business, positions Jupiter to generate revenue while continuing to develop its flagship CNS therapy. The amendment therefore represents a strategic move to secure liquidity for both the clinical and commercial arms of the business.
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