secwatch.observer — SEC 8-K summary
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Issuer:     Century Therapeutics, Inc. (IPSC)
CIK:        0001850119
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001104659-23-056599
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

Century Therapeutics repays $10.6M Hercules loan, terminates Loan Agreement
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- Prepaid $10.6M aggregate payoff including $100K prepayment charge and $395K exit fee.
- Original $30M term loan facility; only $10M drawn with variable rate (greater of prime+6.30% or 9.55%).
- All obligations under September 2020 Loan Agreement satisfied and terminated as of May 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1850119/000110465923056599/0001104659-23-056599-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1850119/000110465923056599/tm2314832d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-056599

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