---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-044007"
form_type: "8-K"
ticker: null
cik: "0001409269"
company_name: "Venus Concept Inc."
filed_at: "2025-12-02T23:59:59+00:00"
generated_at: "2026-05-16T15:39:54.734788+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Venus Concept enters debt waivers, extends bridge loan maturity to Dec 31, raises $1.5M drawdown

## Summary
- Madryn waives minimum liquidity requirements under MSLP loan through Dec 31, 2025.
- Dec 8, 2025 interest payment can be paid-in-kind (added to principal) instead of cash.
- Bridge loan maturity extended from Nov 30 to Dec 31, 2025; liquidity covenant waived.
- Lenders provided $1.5M fourteenth delayed drawdown on Nov 25, 2025 for working capital.
- Total bridge loan draws now $28.2M; interest rate 12% per annum.

## SEC filing metadata
- accession: 0001140361-25-044007
- form_type: 8-K
- cik: 0001409269
- company_name: Venus Concept Inc.
- filed_at: 2025-12-02T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409269/000114036125044007/0001140361-25-044007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409269/000114036125044007/ef20060307_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-044007
- JSON: https://secwatch.observer/filing/0001140361-25-044007.json
- Plain text: https://secwatch.observer/filing/0001140361-25-044007.txt

## Key facts
- Material Agreements
  Venus Concept Inc. amended Twenty Second Bridge Loan Amendment Agreement with Madryn Health Partners, LP; Madryn Health Partners (Cayman Master), LP valued at Amendment to Bridge Loan: (i) extended maturity date from November 30, 2025 to December 31, 2025, (i (effective 2025-11-30).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Madryn Health Partners, LP; Madryn Health Partners (Cayman Master), LP
  - Value: Amendment to Bridge Loan: (i) extended maturity date from November 30, 2025 to December 31, 2025, (i
  - Effective: 2025-11-30
  source text: On November 30, 2025, the Loan Parties entered into a Twenty Second Bridge Loan Amendment Agreement with the Lenders (the “Twenty Second Bridge Loan Amendment”). The Twenty Second Bridge Loan Amendment amended that certain Loan and Security Agreement, dated April 23, 2024, among Venus USA, as borrower, the Company, Venus Canada and Venus Israel, as guarantors, and the Lenders, as lenders (as amended from time to time, the “Bridge Loan”), such that (i) the maturity date of the Bridge Loan is extended from November 30, 2025 to December 31, 2025, and (ii) certain minimum liquidity requirements under Loan and Security Agreement are waived through December 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409269/000114036125044007/0001140361-25-044007-index.htm
- Material Agreements
  Venus Concept Inc. amended Consent Agreement with Madryn Health Partners, LP; Madryn Health Partners (Cayman Master), LP valued at Granted relief under MSLP Loan Agreement: (i) waiver of minimum liquidity requirements through Decem (effective 2025-11-30).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Madryn Health Partners, LP; Madryn Health Partners (Cayman Master), LP
  - Value: Granted relief under MSLP Loan Agreement: (i) waiver of minimum liquidity requirements through Decem
  - Effective: 2025-11-30
  source text: On November 30, 2025, Venus Concept Inc. (the “Company”), Venus Concept USA, Inc., a wholly-owned subsidiary of the Company (“Venus USA” or “Borrower”), Venus Concept Canada Corp., a wholly-owned Canadian subsidiary of the Company (“Venus Canada”), and Venus Concept Ltd., a wholly-owned Israeli subsidiary of the Company (“Venus Israel” and together with the Company, Venus USA and Venus Canada, the “Loan Parties”), entered into a Consent Agreement with Madryn Health Partners, LP (“Madryn”) and Madryn Health Partners (Cayman Master), LP (“Madryn Cayman,” and together with Madryn, the “Lenders” or the “Holders”) (the “Consent Agreement”). The Consent Agreement granted relief under the Loan and Security Agreement (Main Street Priority Loan), dated December 8, 2020, among the Lenders, as lenders, and Venus USA, as borrower (the “MSLP Loan Agreement”), such that (i) certain minimum liquidity requirements under the MSLP Loan Agreement are waived through December 31, 2025, and (ii) Venus USA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409269/000114036125044007/0001140361-25-044007-index.htm

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