Ann: New strategic shareholder, page-134

Why did RM feel it wasn't necessary to mention the fact that $10 million in financing was no longer available to them with the convertible note agreement being terminated? I would have thought that it was quite a significant event given the current cash burn and cash on hand? I'm all for positivity however I feel it is a bit sneaky to not explain all the implications of the termination - shareholders have a right to know.