{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-010531","form_type":"8-K/A","ticker":"OCGN","cik":"0001372299","company_name":"Ocugen, Inc.","filed_at":"2025-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.457480+00:00","generated_at":"2026-05-27T00:52:03.848253+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ocugen enters $30M term loan facility with Avenue Capital; issues 1.06M shares to lenders","bullets":["Term loans of $30M from Avenue Capital at prime + 4.25% (prime floor at closing), maturing Nov 1, 2028.","Proceeds for working capital; prepayment premiums range 3.0% to 0.5% depending on timing.","Lenders can convert up to $6M of principal into common stock at 80% of trading price, capped at 19.9% of outstanding shares.","Company issued 211,268 shares to Avenue 1 and 845,070 shares to Avenue 2 as equity kicker.","Collateral includes all assets with negative pledge on intellectual property; customary covenants and default provisions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-010531","json":"https://secwatch.observer/filing/0001104659-25-010531.json","markdown":"https://secwatch.observer/filing/0001104659-25-010531.md","text":"https://secwatch.observer/filing/0001104659-25-010531.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1372299/000110465925010531/0001104659-25-010531-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1372299/000110465925010531/tm255898d1_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T00:52:03.848253+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"}