Senseonics Holdings, Inc. (SENS): debt financing — Senseonics amends loan agreement; up to $140M total, $20M expected to fund May 6

Senseonics Holdings, Inc.

Amended loan agreement with Hercules Capital expands total commitment to $140M, with $80M committed and $60M uncommitted.
$10M Tranche 2 and $10M Tranche 3A loans expected to fund at closing on May 6, 2026.
Loans bear interest at greater of prime+2.40% or 9.90%; mature September 3, 2029.
Interest-only payments through Oct 1, 2028; prepayment fee of 1-3% applies before Maturity.
Additional warrants issued with each tranche at 2% of funded loan amount / VWAP.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Senseonics Holdings, Inc. incurred term loan of $10.0 million with Hercules Capital, Inc. at the greater of (i) the prime rate as reported in The Wall Street Journal plus 2. maturing September 3, 2029.

Instrument: term loan
Principal: $10.0 million
Counterparty: Hercules Capital, Inc.
Rate: the greater of (i) the prime rate as reported in The Wall Street Journal plus 2.
Maturity: September 3, 2029
Event: incurrence

Exact text from the filing

a term loan of $10.0 million to be funded at the closing of the Second Amendment (the “Tranche 2 Loan”)

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Instrument: term loan
Principal: $10.0 million
Counterparty: Hercules Capital, Inc.
Rate: the greater of (i) the prime rate as reported in The Wall Street Journal plus 2.
Maturity: September 3, 2029
Event: incurrence

Exact text from the filing

four additional tranches of term loans in the amounts of up to $10.0 million (the “Tranche 3A Loan”)

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Senseonics Holdings, Inc. amended Second Amendment to Loan and Security Agreement with Hercules Capital, Inc. and the Lenders valued at up to $140.0 million (effective 2026-05-01).

Action: amendment
Agreement: credit facility
Counterparty: Hercules Capital, Inc. and the Lenders
Value: up to $140.0 million
Effective: 2026-05-01

Exact text from the filing

On May 1, 2026, Senseonics Holdings, Inc. (the “Company”) together with several of its wholly-owned subsidiaries (collectively, “Senseonics”) entered into a Second Amendment to Loan and Security Agreement (the “Second Amendment”) with the several financial institutions or entities party thereto (collectively, the “Lenders”) and Hercules Capital, Inc., a Maryland corporation (the “Agent”), in its capacity as administrative agent and collateral agent for itself and the Lenders, which further amends the Company’s existing Loan and Security Agreement

View on SEC.gov

Browse all debt financings →

Senseonics Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-054861

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.