Bionik Laboratories Corp. (OTCMKTS:BNKL) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01
| Entry Into a Material Definitive Agreement |
On February 27, 2017, Bionik Laboratories Corp. (the Registrant)
entered into Allonge #3 to Secured Promissory Note (the Allonge),
with Park Hill Capital Inc., to which the maturity date of the
secured promissory note referred to in the Allonge was extended
until July 1, 2017.
The foregoing description of the Allonge is not complete and is
subject to and qualified in its entirety by reference to the
Allonge, a copy of which is attached as Exhibit 10.1 to this Form
8-K, and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
| Exhibit No. | Description |
| 10.1 | Allonge #3 to Secured Promissory Note |
About Bionik Laboratories Corp. (OTCMKTS:BNKL)
Bionik Laboratories Corp. (Bionik), formerly Drywave Technologies, Inc., is a medical device and robotics company. The Company is focused on providing rehabilitation solutions and developing transformational technologies and solutions to individuals with neurological disorders, specializing in the designing, developing and commercializing of physical rehabilitation technologies, prosthetics and assisted robotic products. It has over three products on the market and approximately three products in various stages of development. The InMotion Systems include the InMotion ARM, InMotion HAND, InMotion Wrist and InMotion ANKLE are designed to provide patent-adaptive therapy in a manner that has been clinically verified to manage neuro-recovery. The Company is also engaged in developing a lower-body exoskeleton, ARKE, which designs to allow paraplegics, as well as other wheelchair users the ability to rehabilitate through walking. Bionik Laboratories Corp. (OTCMKTS:BNKL) Recent Trading Information
Bionik Laboratories Corp. (OTCMKTS:BNKL) closed its last trading session up +0.021 at 0.690 with 2,000 shares trading hands.
