secwatch.observer — SEC 8-K summary
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Issuer:     ProSomnus, Inc. (—)
CIK:        0001934064
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001104659-23-077105
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProSomnus amends convertible note indentures, adds mandatory redemption
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- Amends Senior Secured Convertible Notes due 2025; quarterly redemption of $847,990 begins Oct 1, 2024.
- Amends Subordinated Secured Convertible Notes due 2026; minimum EBITDA and revenue covenants revised.
- Both amendments modify financial covenants (minimum EBITDA, minimum revenue) in existing indentures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934064/000110465923077105/0001104659-23-077105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934064/000110465923077105/tm2320309d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-077105

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