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FibroBiologics raises $1.02 million in convertible debt from Peak One

10/9/2026

closed a private placement offering with Peak One Opportunity Fund, L.P. on October 8, 2026, raising $1,020,000 for a convertible debenture and 125,000 restricted shares of common stock.

The company filed a Form 8-K with the U.S. Securities and Exchange Commission on October 7, 2026, to disclose the material definitive agreement.

The securities purchase agreement, signed on October 7, 2026, required FibroBiologics to issue a debenture with a principal amount of $1,200,000 to Peak One.

The debenture was sold at a purchase price of $1,020,000, reflecting a 15% original issue discount.

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