---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-25-000324"
form_type: "8-K"
ticker: "TOI"
cik: "0001799191"
company_name: "Oncology Institute, Inc."
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T03:48:45.448740+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TOI amends Deerfield credit agreement, removes $40M cash covenant, pays down $20M notes

## Summary
- Deerfield waived restrictions on equity issuance and removed the $40M minimum cash covenant.
- TOI made a ~$20M partial prepayment on senior secured convertible notes plus accrued interest.
- Year-to-date TOI signed three new capitation agreements adding ~80,000 lives across CA, NV, FL.
- Florida value-based lives exceed 200,000, with over 50,000 under Medicare Advantage.

## SEC filing metadata
- accession: 0001079973-25-000324
- form_type: 8-K
- ticker: TOI
- cik: 0001799191
- company_name: Oncology Institute, Inc.
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1799191/000107997325000324/0001079973-25-000324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1799191/000107997325000324/toi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-25-000324
- JSON: https://secwatch.observer/filing/0001079973-25-000324.json
- Plain text: https://secwatch.observer/filing/0001079973-25-000324.txt

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