---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-078445"
form_type: "8-K"
ticker: "ACHV"
cik: "0000949858"
company_name: "ACHIEVE LIFE SCIENCES, INC."
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T01:19:22.058832+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Achieve Life Sciences enters non-binding term sheet to refinance up to $20M SVB loans, extend maturity to June 2028

## Summary
- Non-binding term sheet for up to $20M tranched facility from Silicon Valley Bank.
- New loans mature June 1, 2028; interest-only payments through Dec 31, 2025.
- Parties anticipate closing before current loan maturity of August 1, 2024.
- No assurance that definitive agreement will be reached on these terms or at all.

## SEC filing metadata
- accession: 0000950170-24-078445
- form_type: 8-K
- ticker: ACHV
- cik: 0000949858
- company_name: ACHIEVE LIFE SCIENCES, INC.
- filed_at: 2024-06-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/949858/000095017024078445/0000950170-24-078445-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/949858/000095017024078445/achv-20240627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-078445
- JSON: https://secwatch.observer/filing/0000950170-24-078445.json
- Plain text: https://secwatch.observer/filing/0000950170-24-078445.txt

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