secwatch / observer
8-K filed February 12, 2024, 6:59 PM ET ticker BTAI CIK 0001720893
other material confidence high sentiment negative materiality 0.70

BioXcel Therapeutics amends credit to waive going concern; FDA Fast Track for BXCL701

BioXcel Therapeutics, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BioXcel Therapeutics, Inc. amended Third Amendment to Credit Agreement and Guaranty with Oaktree Fund Administration LLC, as administrative agent, and the lenders (effective 2024-02-12).

Action
amendment
Agreement
credit facility
Counterparty
Oaktree Fund Administration LLC, as administrative agent, and the lenders
Effective
2024-02-12
Exact text from the filing
On February 12, 2024, BioXcel Therapeutics, Inc. (the “Company”) entered into the Third Amendment to Credit Agreement and Guaranty (the “Third Amendment”), which amended the Credit Agreement and Guaranty, dated April 19, 2022, by and among the Company, as the borrower, certain subsidiaries of the Company from time to time party thereto as subsidiary guarantors, the lenders party thereto (the “Lenders”), and Oaktree Fund Administration LLC (“OFA”) as administrative agent (as amended by the Waiver and First Amendment to Credit Agreement and Guaranty, dated as of November 13, 2023, and the Second Amendment to Credit Agreement and Guaranty and Termination of Revenue Interest Financing Agreement, dated as of December 5, 2023, the “Existing Credit Agreement”).
View on SEC.gov

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BioXcel Therapeutics, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-24-014028
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