STOCK TITAN

Longevity Health raises $375K via 10% convertible

(Very High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Longevity Health Holdings, Inc. (XAGE) entered into a Securities Purchase Agreement with Puritan Partners LLC allowing issuance of up to $694,445 in aggregate principal amount of 10% senior secured convertible notes (issued with a 10% original issue discount), expected to provide up to $625,000 in gross proceeds to the company.

At the initial closing on August 31, 2026, Longevity received $375,000 in gross proceeds, issuing a 10% senior secured convertible note due February 29, 2028 with an initial principal amount of $416,667, convertible into common stock at $0.50 per share and secured by substantially all assets of the company and its subsidiaries.

The agreement permits up to an additional $250,000 in gross proceeds through two further notes, each with an initial principal amount of $138,889; the second tranche depends on effectiveness of a resale registration statement for the underlying shares, and the third tranche is at Puritan’s sole discretion.

Positive

  • None.

Negative

  • None.

Filing Explained

The completed tranche adds a 10% annual interest obligation and potential dilution; additional financing remains conditional.

The September 8 Form 8-K records the initial closing as completed: $375,000 was received, and the issued note bears 10% annual interest and is due on February 29, 2028, creating a completed interest-bearing repayment obligation; additional financing remains potential rather than completed.

Because the note is convertible into common stock, a conversion could increase the total share count and reduce existing holders’ percentage ownership, absent offsetting changes.

As of June 30, 2026, reported cash and equivalents were $35,471, which equals 14.4 days of the last reported quarterly operating cash use at that period’s rate.

The release identifies repayment and prepayment obligations and default-related remedies as risks; further issuances depend on resale-registration effectiveness for one tranche and Puritan’s discretion for the other.

Sources and calculations
  • Available liquidity against the last reported quarterly operating outflow, in days at that rate $35,471 / ($223,881 / 91) = 14.4 days
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Aggregate principal amount of notes $694,445 Maximum aggregate principal amount of 10% senior secured convertible notes under the Securities Purchase Agreement
Maximum gross proceeds $625,000 Expected total gross proceeds to the company from all notes issued under the agreement
Initial gross proceeds $375,000 Gross proceeds received at the initial closing on August 31, 2026
Initial note principal $416,667 Initial principal amount of the 10% senior secured convertible note issued at the first closing
Interest rate 10% Annual interest rate on the senior secured convertible notes
Conversion price $0.50 per share Price at which the initial note is convertible into shares of common stock, subject to adjustment
Note maturity date February 29, 2028 Maturity date of the initial 10% senior secured convertible note
Additional potential gross proceeds $250,000 Total additional gross proceeds available from two further notes under the agreement
Securities Purchase Agreement financial
"entered into a Securities Purchase Agreement, dated August 31, 2026"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.
senior secured convertible notes financial
"a series of 10% senior secured convertible notes, each issued"
A senior secured convertible note is a loan a company issues that sits near the top of its repayment order (senior), is backed by specific assets as collateral (secured), and can be swapped into company shares later (convertible). For investors this matters because it combines lower risk of repayment and legal protection from the collateral with the upside of converting into equity—so it affects both the safety of debt holders and potential dilution for shareholders.
original issue discount financial
"each issued with a 10% original issue discount"
Original issue discount (OID) is the difference between a debt security’s face value and the lower price at which it is first sold, treated as additional interest that accrues over the life of the instrument. For investors it matters because OID raises the effective yield and changes taxable income and the holding’s cost basis over time — think of buying a $100 voucher for $90 and recognizing the $10 gain as earned interest as the voucher approaches maturity.
resale registration statement regulatory
"subject to the effectiveness of a resale registration statement"
A resale registration statement is a document filed with regulators that allows existing shareholders to sell their shares to the public. It provides the necessary legal approval and information for these shares to be resold on the market, helping to increase the availability of shares for trading. For investors, it signals that shares held by current owners can be offered for sale, potentially affecting share prices and market liquidity.
gross proceeds financial
"result in gross proceeds of up to $625,000 to the Company"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

FAQ

What financing did Longevity Health Holdings (XAGE) announce on September 8, 2026?

Longevity Health Holdings announced a Securities Purchase Agreement with Puritan Partners LLC to issue up to $694,445 in principal amount of 10% senior secured convertible notes, expected to provide up to $625,000 in gross proceeds, subject to conditions in the agreement.

How much cash has XAGE received so far under the new securities purchase agreement?

At the initial closing on August 31, 2026, Longevity Health Holdings received $375,000 in gross proceeds, before fees and expenses, from issuing a 10% senior secured convertible note with an initial principal amount of $416,667 due February 29, 2028.

What are the key terms of the new Longevity Health Holdings (XAGE) convertible note?

The initial note has an initial principal amount of $416,667, bears interest at 10% per year, matures on February 29, 2028, and is convertible into common stock at a conversion price of $0.50 per share, subject to adjustment, and is secured by substantially all company assets.

How much additional funding can XAGE access from Puritan Partners under this agreement?

The purchase agreement allows additional potential gross proceeds of up to $250,000 through two further notes, each with an initial principal amount of $138,889. The second tranche depends on an effective resale registration statement, and the third tranche is at Puritan’s sole discretion.

What conditions affect future note issuances to Puritan Partners for XAGE?

Issuance of the second note is subject to the effectiveness of a resale registration statement covering the underlying shares, while issuance of the third note is at Puritan’s sole discretion, as described in the securities purchase agreement.

How is the new XAGE convertible note secured?

The 10% senior secured convertible note is secured by substantially all of the assets of Longevity Health Holdings, Inc. and its subsidiaries, as stated in the company’s announcement of the securities purchase agreement with Puritan Partners.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
false 0001842939 0001842939 2026-09-08 2026-09-08


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 

FORM 8-K


CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 8, 2026
 

Longevity Health Holdings, Inc.

(Exact name of Registrant as Specified in Its Charter)
 

 
 
 
Delaware
(State or Other Jurisdiction of Incorporation)
001-40228
(Commission File Number)
86-1645738
(IRS Employer Identification No.)
2403 Sidney Street, Suite 300
 
 
PittsburghPennsylvania
 
15203
(Address of Principal Executive Offices)
 
(ZipCode)

Registrant’s Telephone Number, Including Area Code: (412894-8248

 
N/A
(Former Name or Former Address, if Changed Since Last Report)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).  
Emerging growth company 
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 



Item 8.01 Other Events.
 
On September 8, 2026, the Company issued a press release announcing that the Company entered into a new securities purchase agreement with Puritan Partners LLC.  A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
 
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits
 
Exhibit
 
Description
99.1
 
Press Release, dated September 8, 2026
104
 
Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 

 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date:
September 8, 2026
By: 
/s/ Bryan J. Cassaday     
 
 
 
Bryan J. Cassaday
Chief Financial Officer
 

Exhibit 99.1

 

Longevity Health Holdings Enters into Securities Purchase Agreement for Up to $625,000 in Gross Proceeds

 

Company draws initial $375,000 tranche from institutional investor Puritan Partners

 

 

PITTSBURGH, PA, September 8, 2026 (GLOBE NEWSWIRE) — Longevity Health Holdings, Inc. (OTCQB: XAGE) (“Longevity” or the “Company”) today announced that it has entered into a Securities Purchase Agreement, dated August 31, 2026 (the “Purchase Agreement”), with Puritan Partners LLC (“Puritan”) providing for the issuance by the Company of up to $694,445 in aggregate principal amount of a series of 10% senior secured convertible notes, each issued with a 10% original issue discount, subject to the satisfaction of certain conditions set forth in the Purchase Agreement, as described below. The issuance of such notes under the Purchase Agreement is expected to result in gross proceeds of up to $625,000 to the Company.

 

“We’re pleased to deepen our relationship with Puritan Partners through this new facility, which gives Longevity additional financial flexibility as we continue to build out our regenerative bio-aesthetics platform and pursue other strategic opportunities,” said Janakiram Ajjarapu, Chairman and Chief Executive Officer of the Company. 

 

At the initial closing on August 31, 2026, the Company received gross proceeds of $375,000, before fees and expenses, through the issuance of a 10% senior secured convertible note due February 29, 2028 in an initial principal amount of $416,667 (the “Note”). The Note bears interest at 10% per annum and is convertible into shares of the Company’s common stock at a conversion price of $0.50 per share, subject to adjustment. The Note is secured by substantially all of the assets of the Company and its subsidiaries.

 

The Purchase Agreement provides for additional gross proceeds to the Company of up to $250,000 through the potential issuance of two additional notes, each in an initial principal amount of $138,889. The second tranche of the notes is subject to the effectiveness of a resale registration statement covering the underlying shares, and the third tranche is at Puritan’s sole discretion.

 

Additional information regarding the terms of the Note and related transaction documents is included in the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on September 4, 2026.

 

 

About Longevity Health Holdings, Inc.

Longevity Health Holdings, Inc. is focused on longevity and healthy aging, encompassing the latest scientific advances in regenerative bio-aesthetics. The Company develops, manufactures, and markets cosmetic skincare and haircare products designed to help people look and feel their best at any age. The Company is headquartered in Pittsburgh, Pennsylvania. For more information, visit www.healthxage.com.

 

 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "may," "might," "will," "should," "could," "expects," "plans," "anticipates," "believes," "seeks," "intends," "estimates," "predicts," "potential" or "continue," the negative of these terms and other comparable terminology. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. Forward-looking statements in this press release include, but are not limited to, statements regarding the anticipated benefits of the Purchase Agreement, the issuance of additional notes under the Purchase Agreement, the Company’s plans to pursue additional financing, the Company’s business strategy and the Company’s future business and financial condition. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including the risk that anticipated additional financing is not completed on the terms described or at all, risks relating to the Company’s obligations under the Purchase Agreement and the related financing instruments, including potential dilution, security interests in substantially all Company assets and specified subsidiary assets, repayment and prepayment obligations, and default-related remedies, and other risks described in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Furthermore, if the forward-looking statements prove to be inaccurate, the inaccuracy may be material. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by Longevity or any other person that the Company will achieve its objectives and plans in any specified time frame or at all. The Company undertakes no obligation to update any forward-looking statements, except as required by law. 

 

 

Contact

Bryan J. Cassaday

bcassaday@healthxage.com

 

Filing Exhibits & Attachments

5 documents

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