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Company updateOfficial company source

Karyopharm announces planned Ayrmid merger and Chapter 11 process

Karyopharm entered into a Restructuring Support Agreement providing for a merger between Ayrmid Ltd., the lead bidder in a court-supervised sale process, and a reorganized Karyopharm, and filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of Texas. The process permits other parties to submit competing proposals and bids, and the transaction is expected to close in the first quarter of 2027 subject to conditions in the Chapter 11 plan. Karyopharm secured commitments for up...

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Company updateOfficial company source

Karyopharm Files Chapter 11 and Announces Planned Merger with Ayrmid

Karyopharm entered a Restructuring Support Agreement providing for a merger between Ayrmid and a reorganized Karyopharm and filed voluntary Chapter 11 petitions in the Southern District of Texas. Ayrmid will serve as lead bidder in a court-supervised sale process, with the transaction expected to close in the first quarter of 2027, and existing secured lenders have committed up to $55 million of debtor-in-possession financing. Under the prepackaged plan, common stock and Convertible Preferred Stock will receive...

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Debt offeringSEC filing

Karyopharm extends debt forbearance period to November 1, 2026

No actual financial results were disclosed, so the filing cannot be compared with the prior FY 2026 guidance midpoint. The applicable parties extended the forbearance period under the September 10, 2026 Forbearance Agreement and Limited Waiver to Indentures from 11:59 p.m. Eastern time on October 22 to 11:59 p.m. Eastern time on November 1, 2026, absent earlier termination.

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