{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-034977","form_type":"8-K","ticker":null,"cik":"0001735948","company_name":"Greenbrook TMS Inc.","filed_at":"2024-03-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.343627+00:00","generated_at":"2026-06-04T17:35:11.994641+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Greenbrook TMS borrows additional $2.54M under amended credit agreement with Madryn","bullets":["Borrowed $2,538,071 in senior secured term loans; total outstanding ~$92M.","Loan accrues interest at 9% + 3-month SOFR (floor 1.5%) + 0.10%.","Maturity 63 months; interest-only for 4 years, then 5 quarterly installments starting Sep 30, 2026.","Minimum liquidity covenant temporarily reduced to $300k (from $3M) through March 31, 2024.","Madryn affiliates are company's largest shareholder, owning 45% upon conversion."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-034977","json":"https://secwatch.observer/filing/0001104659-24-034977.json","markdown":"https://secwatch.observer/filing/0001104659-24-034977.md","text":"https://secwatch.observer/filing/0001104659-24-034977.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1735948/000110465924034977/0001104659-24-034977-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1735948/000110465924034977/tm248967d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T17:35:11.994641+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c08436d2f02f0874fe1a169934c0ebbecd386485","claim":"Greenbrook TMS Inc. entered into Twenty-Seventh Amendment to Credit Agreement with Madryn Fund Administration, LLC valued at US$2,538,071 in new senior secured term loans; aggregate principal ~US$92 million (effective 2024-03-15).","evidence_excerpt":"On March 15, 2024, the Company entered into the twenty-seventh amendment (the “ Amendment ”) to the Company’s credit agreement, dated as of July 14, 2022 (as previously amended and as amended by the Amendment, the “ Credit Agreement ”), by and among the Company, certain of its subsidiaries party thereto as guarantors, Madryn Fund Administration, LLC, as administrative agent (“ Madryn ”) and the lenders party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1735948/000110465924034977/0001104659-24-034977-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Madryn Fund Administration, LLC"},{"label":"Value","value":"US$2,538,071 in new senior secured term loans; aggregate principal ~US$92 million"},{"label":"Effective","value":"2024-03-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}