{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-078976","form_type":"8-K","ticker":"BCYC","cik":"0001761612","company_name":"BICYCLE THERAPEUTICS PLC","filed_at":"2024-07-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.444978+00:00","generated_at":"2026-05-31T22:10:46.857098+00:00","sec_items":["1.02"],"event_type":"debt","sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Bicycle Therapeutics terminates $30M Hercules loan, repays $31.9M total","bullets":["Repaid $30.0M principal plus $1.5M end-of-term charge and $0.3M prepayment fee, total $31.9M.","Used cash on hand to settle all amounts; loan was scheduled to mature July 1, 2025.","Loan bore interest at prime + 4.55% (min 8.05%, max 9.05%); secured by personal property except IP.","All security interests terminated and released upon repayment.","Voluntary termination reduces debt obligations; collateral released."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-078976","json":"https://secwatch.observer/filing/0001104659-24-078976.json","markdown":"https://secwatch.observer/filing/0001104659-24-078976.md","text":"https://secwatch.observer/filing/0001104659-24-078976.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1761612/000110465924078976/0001104659-24-078976-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1761612/000110465924078976/tm2419133d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T22:10:46.857098+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}