---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-105574"
form_type: "8-K"
ticker: "WATT"
cik: "0001575793"
company_name: "Energous Corp"
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:30:32.288761+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Energous enters subordinated loan agreement for up to $2.125M; initial $525K term loan matures April 2025

## Summary
- Initial $525,000 term loan from Agile Capital Funding and Agile Lending; up to $1.6M additional available on same terms.
- Repayment in weekly $27,000 installments starting Oct 14, 2024, with maturity date April 21, 2025.
- Loan is subordinated to senior indebtedness; security interest in collateral (excluding IP) arises only upon default.
- Prepayment allowed after 60 days but subject to make-whole premium equal to remaining interest through maturity.
- Default interest rate increases by 5% per annum above contract rate upon an event of default.

## SEC filing metadata
- accession: 0001104659-24-105574
- form_type: 8-K
- ticker: WATT
- cik: 0001575793
- company_name: Energous Corp
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575793/000110465924105574/0001104659-24-105574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575793/000110465924105574/tm2425457d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-105574
- JSON: https://secwatch.observer/filing/0001104659-24-105574.json
- Plain text: https://secwatch.observer/filing/0001104659-24-105574.txt

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