TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Reduces Debt Through Premium Share Issuance and Amended Terms

SuperCom (NASDAQ: SPCB) announced the issuance of 100,000 ordinary shares at $43.74 per share, a significant premium to the market price, to pay down $4.374 million in debt as part of an amendment with its senior lender. The amendment extends the debt maturity to Dec. 31, 2028, eliminates monthly interest and amortization payments, and allows interest to accrue until maturity, enhancing the company’s financial flexibility. This paydown completes a 32% reduction in total debt over the past year, freeing cash flow to support SuperCom’s global growth strategies. CEO Ordan Trabelsi highlighted the company’s recent successes, including expanding into six new U.S. states, positioning SuperCom for long-term growth and stakeholder value creation.

To view the full press release, visit https://ibn.fm/BndMF

About SuperCom

Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, worldwide. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries, including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TechMediaWire, text “TECH” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TechMediaWire.com

Please see full terms of use and disclaimers on the TechMediaWire website applicable to all content provided by TMW, wherever published or re-published: https://www.TechMediaWire.com/Disclaimer

TechMediaWire
Austin, Texas
www.TechMediaWire.com
512.354.7000 Office
Editor@TechMediaWire.com

TechMediaWire is powered by IBN

TechMediaWire

Share
Published by
TechMediaWire

Recent Posts

TechMediaBreaks – Texxon Holding Limited (NASDAQ: NPT) Announces Full Exercise of Underwriters’ Over-Allotment Option in IPO

Texxon Holding (NASDAQ: NPT), a leading supply chain management provider for the plastics and chemical industries in…

18 hours ago

TechMediaBreaks – Beeline Holdings, Inc. (NASDAQ: BLNE) Sets Record Loan Volume Following Fed Rate Cut Announcement

Beeline Holdings (NASDAQ: BLNE), the digital mortgage lender built for next-generation homeowners, locked 21 loans…

19 hours ago

TechMediaBreaks – D-Wave Quantum to Report Third Quarter Fiscal Year 2025 Financial Results on November 6, 2025

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, will release…

21 hours ago

TechMediaBreaks – Micropolis Holding Co. (NYSE American: MCRP) Broadens Global Reach—New Agreement Signals Push into Emerging Markets

Micropolis (NYSE American: MCRP), a pioneer in unmanned ground vehicles (“UGVs”) and AI-driven robotics solutions,…

2 days ago

TechMediaBreaks – Nightfood Holdings Inc. (NGTF) Bringing Robotic Innovation to the Forefront of Hospitality

Nightfood Holdings (OTCQB: NGTF) is eying opportunity in the evolving landscape of hospitality. A recent article…

2 days ago

TechMediaBreaks – Datavault AI Inc. (NASDAQ: DVLT) to Acquire API Media, Expanding AI-Driven Data Monetization and Media Capabilities 

Datavault AI (NASDAQ: DVLT), a leader in patented data tokenization and monetization technologies, announced it has…

2 days ago