secwatch.observer — SEC 8-K summary
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Issuer:     Outset Medical, Inc. (OM)
CIK:        0001484612
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0000950170-23-069380
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Outset Medical borrows $33.5M under amended SLR term loan; total debt ~$133.5M
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- On Dec 11, 2023, Outset amended its SLR term loan, restructuring the $100M Term B into two tranches: B-1 ($33.5M) and B-2 ($66.5M).
- Outset borrowed the full Term B-1 tranche on the amendment date, increasing outstanding principal to ~$133.5M.
- The Term A loan of $100M was drawn in Nov 2022; Term B-2 remains available subject to conditions.
- No other material terms of the SLR term loan were changed by the amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484612/000095017023069380/0000950170-23-069380-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484612/000095017023069380/om-20231211.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-069380

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