Nomad Power Solutions raises $6M via discounted secured note
What's the deal? Nomad Power SolutionsDealroom has a profile for this one. Try Dealroom → raised $6 million in gross proceeds through a private placement, the company disclosed in a September 30, 2026 Form 8-K. It sold an Original Issue Discount Secured Promissory Note with a $6.57 million principal to an accredited investor under a Note Purchase Agreement signed September 28.
The terms: The note carries a 9% annual interest rate and matures 12 months from the Purchase Price Date. The $570,000 gap between principal and proceeds covers a $540,000 original issue discount plus $30,000 in fees and expenses.
What's the collateral? A Security Agreement grants the investor a security interest in the company's equity interests, goods, equipment, accounts receivable, contract rights, and other assets. Wholly owned subsidiaries Lixte BiotechnologyDealroom has a profile for this one. Try Dealroom → and Liora Technologies EuropeDealroom has a profile for this one. Try Dealroom → guaranteed the obligations under a Guaranty Agreement.
The issuance relied on exemptions under Section 4(a)(2) of the Securities Act and Regulation D, avoiding a public offering.
What could go wrong? Starting six months after the Purchase Price Date, the investor may redeem up to $800,000 per calendar month at its discretion, with the company required to pay in cash within two trading days. That gives the lender significant control over the repayment pace.
The signal: At $6 million, this is a modest raise — sitting in roughly the bottom quarter of comparable deals. The reliance on a discounted, heavily secured note rather than equity or venture funding points to a company trading favourable terms for near-term capital.
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