---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-016764"
form_type: "8-K"
ticker: "IRD"
cik: "0001228627"
company_name: "Opus Genetics, Inc."
filed_at: "2026-04-24T23:59:59+00:00"
generated_at: "2026-05-15T04:10:29.202984+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Opus Genetics closes $35 million initial tranche of $155 million senior secured notes

## Summary
- Initial $35 million tranche funded on April 21, 2026; notes mature April 21, 2033.
- Notes bear floating rate based on Term SOFR (with floor) plus margin; interest payable quarterly.
- Total note purchase agreement provides up to $155 million ($105M committed, $50M uncommitted).
- Notes secured by substantially all assets of Opus Genetics and its subsidiaries.

## SEC filing metadata
- accession: 0001140361-26-016764
- form_type: 8-K
- ticker: IRD
- cik: 0001228627
- company_name: Opus Genetics, Inc.
- filed_at: 2026-04-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1228627/000114036126016764/0001140361-26-016764-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1228627/000114036126016764/ef20071455_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-016764
- JSON: https://secwatch.observer/filing/0001140361-26-016764.json
- Plain text: https://secwatch.observer/filing/0001140361-26-016764.txt

## Key facts
- Debt Financings
  Opus Genetics, Inc. incurred senior notes of $35 million with OPCM SA LLC at floating rate based on Term SOFR, subject to a floor maturing April 21, 2033.
  - Instrument: senior notes
  - Principal: $35 million
  - Counterparty: OPCM SA LLC
  - Rate: floating rate based on Term SOFR, subject to a floor
  - Maturity: April 21, 2033
  - Event: incurrence
  source text: The initial tranche of $35 million was funded, and Notes in the aggregate amount of $35 million (the “Initial Tranche Notes”) were issued, on April 21, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1228627/000114036126016764/0001140361-26-016764-index.htm

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