CIRC is trading 4.1% up in pre-market at $0.73 after Circle8 eliminated its $35 million convertible seller’s note and restructured remaining SPP financing obligations.
- The agreement resolves litigation, cures defaults, removes default interest, and restores contractual interest rates.
- Investors may view the financing relief positively ahead of the expected August 12 earnings report.
- Broader markets are nearly flat, and no pre-market volume data was provided.