debt
confidence high
sentiment positive
materiality 0.65
Biodesix raises $11.7M via private placement; amends 2021 term loan with SVB
BIODESIX INC
- Sold 6,508,376 shares at $1.79/share to consortium including board members, raising ~$11.7M.
- Third Amendment to 2021 Term Loan: repays $3M in April 2022 and $2M later; waives Q1 2022 minimum revenue requirement.
- Waiver of prepayment fee on $3M repayment; consent for $2M milestone payment under Integrated Diagnostics purchase agreement.
- Reaffirms 2022 revenue guidance of $37.5M-$39.5M.