T2 Biosystems Shareholders Vote for CRG Debt Conversion into Equity

LEXINGTON, Mass., April 11, 2024 (GLOBE NEWSWIRE) — T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes, today announced results from the special meeting of stockholders on April 11, 2024. T2 Biosystems Stockholders voted for the approval of conversion of $15 million of its term loan with entities affiliated with CRG Servicing LLC (“CRG”) into T2 Biosystems equity. T2 Biosystems Shareholders Vote for CRG Debt Conversion into Equity