therapeuticsmd inc shares were up 24 to 770 after the company said it received a 15 million private investment in its common stock and a new series of preferred stock from rubric capital management lp therapeuticsmd said it expects to use the proceeds from the transaction to fulfill its nearterm operating capital requirements the company also entered into an amendment with its lender sixth street specialty lending inc to extend the maturity date of its financing agreement debt to sept 30 the company has the option to further extend the maturity date until oct 31 and nov 30 if it receives additional equity capital of 7 million per extension therapeuticsmd said it believes that the pipe together with the financingagreement extension will enable it to continue meeting demand for its portfolio of womens health and wellness products while its board of directors and management team evaluate strategic alternatives to strengthen the companys longterm financial position in exchange for its initial 15 million investment rubric received 565000 shares of therapeuticsmd common stock and 15000 shares of newly designated series a preferred stock with a liquidation value of 1333 a share rubric will own 183 of the companys common stock after the transaction closes the company also granted sixth street warrants to buy 200000 shares at an exercise price of 001 and would grant 125000 additional common stock warrants for each additional monthly extension that the company elects