{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-069785","form_type":"8-K","ticker":"AXSM","cik":"0001579428","company_name":"Axsome Therapeutics, Inc.","filed_at":"2025-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.861101+00:00","generated_at":"2026-05-21T15:58:15.285023+00:00","sec_items":["1.01","1.02","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Axsome enters $570M credit facility with Blackstone, retires Hercules loan","bullets":["New $570M facility includes a $500M term loan (SOFR+4.75%) and a $70M revolver (SOFR+4.00%).","Initially drew $120M to repay existing Hercules term loan; up to $250M additional draws available at company's option.","Facility matures May 2030; 60-month interest-only period; expects significant reduction in interest expense.","Blackstone also purchased $15M of common stock at $107.14 per share in a concurrent private placement.","Company cites improved cost of capital and expanded credit capacity to support CNS pipeline growth."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-069785","json":"https://secwatch.observer/filing/0000950170-25-069785.json","markdown":"https://secwatch.observer/filing/0000950170-25-069785.md","text":"https://secwatch.observer/filing/0000950170-25-069785.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1579428/000095017025069785/0000950170-25-069785-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1579428/000095017025069785/axsm-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T15:58:15.285023+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}