---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-126426"
form_type: "8-K"
ticker: "CVRX"
cik: "0001235912"
company_name: "CVRx, Inc."
filed_at: "2023-12-15T23:59:59+00:00"
generated_at: "2026-06-07T11:44:53.628820+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CVRx borrows $15M second tranche from Innovatus; total debt outstanding $30M

## Summary
- Borrowed $15.0 million under second tranche of Innovatus term loan facility on Dec. 15, 2023.
- Total outstanding term loans under the facility are now $30.0 million.
- Additional tranche of up to $20.0 million remains available subject to conditions.
- The draw was made on the deadline for the second tranche under the loan agreement.

## SEC filing metadata
- accession: 0001104659-23-126426
- form_type: 8-K
- ticker: CVRX
- cik: 0001235912
- company_name: CVRx, Inc.
- filed_at: 2023-12-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1235912/000110465923126426/0001104659-23-126426-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1235912/000110465923126426/tm2333044d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-126426
- JSON: https://secwatch.observer/filing/0001104659-23-126426.json
- Plain text: https://secwatch.observer/filing/0001104659-23-126426.txt

## Key facts
- Debt Financings
  CVRx, Inc. incurred term loan of $15.0 million with Innovatus Life Sciences Fund I, LP.
  - Instrument: term loan
  - Principal: $15.0 million
  - Counterparty: Innovatus Life Sciences Fund I, LP
  - Event: incurrence
  source text: the Company borrowed $15.0 million under the second tranche of its term loan facility with Innovatus on Friday, December 15, 2023, the deadline for drawing the second tranche.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1235912/000110465923126426/0001104659-23-126426-index.htm

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