debt
confidence high
sentiment positive
materiality 0.60
Inspire Medical prepays all loans under Oxford Finance agreement, terminates Loan Agreement
Inspire Medical Systems, Inc.
- Prepaid in full all outstanding loans under Loan & Security Agreement with Oxford Finance LLC on August 19, 2022.
- Loan Agreement terminated (except indemnification/confidentiality) and all security interests in company assets released.
- Prepayment fees of approximately $194,000 paid; no material relationships exist with Oxford Finance other than the loan.