---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-032814"
form_type: "8-K"
ticker: "CVRX"
cik: "0001235912"
company_name: "CVRx, Inc."
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T01:42:28.890947+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# CVRx draws remaining $7.5M from Innovatus term loan facility

## Summary
- Borrowed $7.5M remaining under first tranche of Innovatus term loan facility.
- $4M received March 13, $3.5M received March 15, 2023.
- Total outstanding term loans now $15M under the facility.
- Company cited banking industry uncertainty as reason for draw.
- Facility allows up to $35M more in two additional tranches subject to conditions.

## SEC filing metadata
- accession: 0001104659-23-032814
- form_type: 8-K
- ticker: CVRX
- cik: 0001235912
- company_name: CVRx, Inc.
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1235912/000110465923032814/0001104659-23-032814-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1235912/000110465923032814/tm239272d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-032814
- JSON: https://secwatch.observer/filing/0001104659-23-032814.json
- Plain text: https://secwatch.observer/filing/0001104659-23-032814.txt

## Key facts
- Debt Financings
  CVRx, Inc. incurred term loan of $7.5 million remaining under the first tranche with Innovatus Life Sciences Fund I, LP.
  - Instrument: term loan
  - Principal: $7.5 million remaining under the first tranche
  - Counterparty: Innovatus Life Sciences Fund I, LP
  - Event: incurrence
  source text: CVRx borrowed the $7.5 million remaining under the first tranche of its term loan facility with Innovatus
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235912/000110465923032814/0001104659-23-032814-index.htm

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