---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-071761"
form_type: "8-K"
ticker: "BDSX"
cik: "0001439725"
company_name: "BIODESIX INC"
filed_at: "2023-12-20T23:59:59+00:00"
generated_at: "2026-06-07T09:46:44.919634+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Biodesix draws $10M Tranche B loan from Perceptive; issues 1M-share warrants

## Summary
- Drew $10M Tranche B under existing $50M Perceptive term loan facility on Dec 15, 2023.
- Interest rate is greater of 1-month term SOFR or 3% plus 9.0% margin; maturity Nov 21, 2027.
- Issued Tranche B Warrants for 1,000,000 shares at $1.0648 per share, expiring Dec 15, 2033.
- Facility is secured by first lien on substantially all assets; must maintain $2.5M minimum cash and revenue milestones.
- Tranche C of up to $10M remains available subject to conditions; no other material changes.

## SEC filing metadata
- accession: 0000950170-23-071761
- form_type: 8-K
- ticker: BDSX
- cik: 0001439725
- company_name: BIODESIX INC
- filed_at: 2023-12-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1439725/000095017023071761/0000950170-23-071761-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1439725/000095017023071761/bdsx-20231215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-071761
- JSON: https://secwatch.observer/filing/0000950170-23-071761.json
- Plain text: https://secwatch.observer/filing/0000950170-23-071761.txt

## Key facts
- Debt Financings
  BIODESIX INC incurred term loan of $10.0 million with Perceptive Credit Holdings IV, LP at greater of (a) forward-looking one-month term SOFR as posted by CME Group Inc. a maturing November 21, 2027.
  - Instrument: term loan
  - Principal: $10.0 million
  - Counterparty: Perceptive Credit Holdings IV, LP
  - Rate: greater of (a) forward-looking one-month term SOFR as posted by CME Group Inc. a
  - Maturity: November 21, 2027
  - Event: incurrence
  source text: On December 15, 2023, the Company exercised its ability to draw the Tranche B loan for $10.0 million (the Tranche B Loan) pursuant to the Credit Agreement and Guaranty (the Credit Agreement) with Perceptive Credit Holdings IV, LP as the lender and administrative agent (the Lender), executed on November 16, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1439725/000095017023071761/0000950170-23-071761-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.