debt
confidence high
sentiment neutral
materiality 0.30
Elutia amends SWK credit facility, capitalizes interest and fees into principal
ELUTIA INC.
- Fifth Amendment to $25M senior secured term loan capitalizes accrued interest due Aug 2025, $50k amendment fee (June 30, 2025), and $10k amendment fee.
- No new principal borrowed; amendment modifies repayment terms of existing SWK Facility.
- Amendment effective Aug 14, 2025; no event of default occurred and continuing.
- Borrower represents all conditions precedent satisfied, including payment of $10k amendment fee.
item 1.01item 2.03item 9.01