{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-026482","form_type":"8-K","ticker":"CLNN","cik":"0001822791","company_name":"Clene Inc.","filed_at":"2022-12-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.359658+00:00","generated_at":"2026-06-21T04:52:12.475145+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Clene closes $5M debt facility with Maryland DHCD at 6% interest, includes equity conversion option","bullets":["$5M loan from Maryland DHCD at 6% interest, 5-year maturity; first 12 months deferred then 48 interest-only payments plus balloon.","DHCD may convert up to $5M into CLNN common stock in $1M increments at ≥$4.00/share or 97% of 30-day VWAP.","Loan supports development of CNM-Au8 and expansion of manufacturing operations in Maryland.","Clene has existing DHCD loans: $0.5M term loan and up to $3M facility ($0.7M drawn as of Sep 30, 2022)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-026482","json":"https://secwatch.observer/filing/0000950170-22-026482.json","markdown":"https://secwatch.observer/filing/0000950170-22-026482.md","text":"https://secwatch.observer/filing/0000950170-22-026482.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822791/000095017022026482/0000950170-22-026482-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822791/000095017022026482/clnn-20221208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T04:52:12.475145+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8fefd30dbf7a980594ecc6459a329bdeccec6106","claim":"Clene Inc. incurred loan of $5.0 million with Department of Housing and Community Development at 6.0% maturing 60 months from the first day of the second full month following the Closing Date.","evidence_excerpt":"The Loan Agreement provides for a loan in the principal amount of $5.0 million (the “Loan”) to support the development of and commercialization of CNM-Au8 and the expansion of the Company’s manufacturing operations. The Company agreed to repay the Loan plus interest at an annual interest rate of 6.0%. The Loan matures on the date that is 60 months from the first day of the second full month following the Closing Date (the “Maturity Date”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822791/000095017022026482/0000950170-22-026482-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$5.0 million"},{"label":"Counterparty","value":"Department of Housing and Community Development"},{"label":"Rate","value":"6.0%"},{"label":"Maturity","value":"60 months from the first day of the second full month following the Closing Date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"850c1ce0406ba07d921816277929089aaf4f57d1","claim":"Clene Inc. entered into Loan Agreement with Department of Housing and Community Development, State of Maryland valued at $5.0 million (effective 2022-12-08).","evidence_excerpt":"On December 8, 2022 (the “Closing Date”), Clene Nanomedicine, Inc. (“Clene”), a wholly owned subsidiary of Clene Inc. (along with its subsidiaries, the “Company”), entered into a loan agreement (the “Loan Agreement”) and promissory note (the “ Promissory Note”) with the Department of Housing and Community Development, a principal department of the State of Maryland (the “DHCD”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822791/000095017022026482/0000950170-22-026482-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Department of Housing and Community Development, State of Maryland"},{"label":"Value","value":"$5.0 million"},{"label":"Effective","value":"2022-12-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}