---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-002227"
form_type: "8-K"
ticker: "VSTM"
cik: "0001526119"
company_name: "Verastem, Inc."
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T02:14:34.675765+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Verastem extends Term C Loan draw deadline by one year to March 2025

## Summary
- Extended outside date for Term C Loan draw from March 31, 2024 to March 31, 2025.
- Pays $150,000 amendment fee to lenders.
- No other changes to loan terms; reaffirms representations and warranties.

## SEC filing metadata
- accession: 0001104659-24-002227
- form_type: 8-K
- ticker: VSTM
- cik: 0001526119
- company_name: Verastem, Inc.
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1526119/000110465924002227/0001104659-24-002227-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1526119/000110465924002227/tm242257d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-002227
- JSON: https://secwatch.observer/filing/0001104659-24-002227.json
- Plain text: https://secwatch.observer/filing/0001104659-24-002227.txt

## Key facts
- Material Agreements
  Verastem, Inc. amended Loan and Security Agreement with Oxford Finance LLC valued at Extends draw period for Term C Loan to March 31, 2025 (effective 2024-01-04).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Oxford Finance LLC
  - Value: Extends draw period for Term C Loan to March 31, 2025
  - Effective: 2024-01-04
  source text: On January 4, 2024, Verastem, Inc. (the “Company”) amended its Loan and Security Agreement, dated March 25, 2022 (as amended, the “Loan Agreement”) with Oxford Finance LLC, as collateral agent and a lender, and the other lenders identified on the signature pages thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1526119/000110465924002227/0001104659-24-002227-index.htm

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