---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-056005"
form_type: "8-K"
ticker: "IVVD"
cik: "0001832038"
company_name: "Invivyd, Inc."
filed_at: "2025-04-21T23:59:59+00:00"
generated_at: "2026-05-23T10:33:59.519366+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Invivyd secures $30M non-dilutive term loan facility with Silicon Valley Bank

## Summary
- Up to $30M term loan facility split into three $10M tranches available upon meeting financial covenants and net product revenue milestones.
- Interest rate at WSJ prime minus 0.25% (floor 6%, cap 9%), maturity March 1, 2029; prepayment premiums 3%-0% sliding over three years.
- Loan secured by substantially all assets excluding IP; financial covenants include minimum net product revenue and minimum cash/EBITDA thresholds.
- Proceeds for working capital; company highlights non-dilutive nature and potential FDA alignment on VYD2311 as catalyst.

## SEC filing metadata
- accession: 0000950170-25-056005
- form_type: 8-K
- ticker: IVVD
- cik: 0001832038
- company_name: Invivyd, Inc.
- filed_at: 2025-04-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832038/000095017025056005/0000950170-25-056005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832038/000095017025056005/ivvd-20250418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-056005
- JSON: https://secwatch.observer/filing/0000950170-25-056005.json
- Plain text: https://secwatch.observer/filing/0000950170-25-056005.txt

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