{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-085173","form_type":"8-K","ticker":"VCEL","cik":"0000887359","company_name":"Vericel Corp","filed_at":"2022-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.450309+00:00","generated_at":"2026-06-24T06:13:11.661151+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Vericel enters $150M senior secured revolving credit facility due 2027","bullets":["$150 million five-year senior secured revolver; matures July 29, 2027.","Facility secured by first-priority lien on substantially all assets; includes $5M swingline and $15M letter of credit sub-facility.","Interest rate options: SOFR + 0.10% plus spread 1.25%-2.50%, or base rate plus 0.25%-1.50%.","Proceeds for general corporate purposes, including acquisitions and capex.","Commitment fee 0.20%-0.25%; financial covenants including max total net leverage ratio."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-085173","json":"https://secwatch.observer/filing/0001104659-22-085173.json","markdown":"https://secwatch.observer/filing/0001104659-22-085173.md","text":"https://secwatch.observer/filing/0001104659-22-085173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887359/000110465922085173/0001104659-22-085173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887359/000110465922085173/tm2222324d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T06:13:11.661151+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"}