Le Tote Status
The company completed a $18.6 million debt refinancing round in March 2018. Trinity Capital Investment and Horizon Technology Finance provided $6.6 million secured debt and $12 million term loan. Proceeds from the credit facility were used to repay the outstanding principal balance of $2.6 million on its venture loan. Additional to the new $4.0 million loan, Horizon continues to hold warrants in Lantos.
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