ALPHAEON Corporation announced that it expects to receive $25 million in funding .

ALPHAEON Corporation announced that it has entered into a note purchase agreement to receive $25,000,000 in funding on August 25, 2020. The company will issue 5-year, unsecured, subordinated, 3% convertible promissory notes in the transaction. The notes may be repaid in cash or converted into an indeterminate number of shares of common stock.

The company will issue securities pursuant to exemption provided under Regulation D.