Karyopharm Therapeutics faces default by Sept. 10 on its term loan. CEO Richard Paulson seeks financing as cancer drug Xpovio's future hangs in balance.

Karyopharm Therapeutics faces default by Sept. 10 on its term loan. CEO Richard Paulson seeks financing as cancer drug Xpovio's future hangs in balance.

With its reserves depleted, a debt payment due in four weeks and its cash runway stretching only into next month, the question for Karyopharm Therapeutics is what’s next and how…