Hyperion DeFi repurchases 240,000 shares and pays off $8.6 million in debt, no longer long-term debt

Wu said that he learned that the US-listed DeFi company Hyperion DeFi (NASDAQ: HYPD) announced that it had repurchased 240,124 ordinary shares at a weighted average repurchase price of US$3.21 per share, corresponding to an amount of approximately US$770,000. At the same time, it had repaid all principal and interest under the loan agreement with Avenue Capital and paid off approximately US$8.6 million in historical debt, part of which was funded by the sale of HYPE. After the debt repayment is completed, the company currently has no long-term debt. As of September 30, Hyperion DeFi had approximately 15.4425 million ordinary shares in circulation, held $14.5 million in cash, cash equivalents and stablecoins, and held 1.85 million HYPE. The company previously announced a stock repurchase program of up to $20 million in September.