---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-080262"
form_type: "8-K"
ticker: "BCYC"
cik: "0001761612"
company_name: "BICYCLE THERAPEUTICS PLC"
filed_at: "2022-07-15T23:59:59+00:00"
generated_at: "2026-06-24T14:16:10.306629+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bicycle Therapeutics amends Hercules Capital loan, extends maturity to 2025, adds up to $75M borrowing

## Summary
- Term Loan Maturity Date extended to July 1, 2025; Amortization Date moved to April 1, 2025.
- Borrowers can request additional Term Loan Advances up to $75M aggregate (Tranche 3 up to $45M) before Dec 31, 2024, subject to lenders' approval.
- Term Loan Interest Rate decreased to lesser of (i) greater of 8.05% or prime+4.55% and (ii) 9.05% per annum.
- Existing loan agreements ratified; security interests reaffirmed.

## SEC filing metadata
- accession: 0001104659-22-080262
- form_type: 8-K
- ticker: BCYC
- cik: 0001761612
- company_name: BICYCLE THERAPEUTICS PLC
- filed_at: 2022-07-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761612/000110465922080262/0001104659-22-080262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761612/000110465922080262/tm2221222d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-080262
- JSON: https://secwatch.observer/filing/0001104659-22-080262.json
- Plain text: https://secwatch.observer/filing/0001104659-22-080262.txt

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