eHealth Extends Blue Torch Term Loan Maturity to January 29, 2027.

eHealth has extended its term loan maturity date to January 29, 2027, with no changes to the applicable interest rate. The move is seen as a step to enhance the company's capital structure beyond this deal. eHealth reaffirms its commitment to strengthening its financial position.

eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, has announced an extension of its term loan maturity date. The company has amended its existing term loan credit agreement with Blue Torch Finance LLC and its lender group, pushing the maturity date to January 29, 2027. The interest rate and other key terms of the credit agreement remain unchanged eHealth Announces Extension of Blue Torch Term Loan^[1].

The extension provides eHealth with additional financial flexibility as it continues to enhance its capital structure. The company's capital strategy focuses on three primary objectives: addressing the term loan maturity date, leveraging its commissions receivable asset to increase access to capital for supporting profitable growth, and addressing its convertible Series A preferred stock instrument eHealth Announces Extension of Blue Torch Term Loan^[1].

Derrick Duke, Chief Executive Officer of eHealth, stated, "We are pleased to have reached an agreement with our lender group to extend the maturity of our term loan. This extension provides us with additional financial flexibility as we continue to strengthen our capital structure, execute on our strategic initiatives, and position eHealth for long-term success" eHealth Announces Extension of Blue Torch Term Loan^[1].

The extension of the term loan to January 29, 2027, buys time for eHealth but is not a definitive capital solution. The company continues to work on enhancing its capital structure, which may require multiple phases. The successful monetization or financing against the company's commissions receivable asset and the resolution of the convertible Series A preferred instrument remain critical dependencies eHealth Announces Extension of Blue Torch Term Loan^[2].

Forward-looking statements in this press release include expectations regarding the future financial position, financial flexibility, and business strategy of eHealth. The risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include those described in eHealth's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q eHealth Announces Extension of Blue Torch Term Loan^[1].