---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-178575"
form_type: "8-K"
ticker: "TMDX"
cik: "0001756262"
company_name: "TransMedics Group, Inc."
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T14:58:24.612666+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TransMedics amends credit agreement to permit acquisitions up to $50M each, extends amortization start to 2026

## Summary
- Second Amendment to Credit Agreement with CIBC allows cash consideration up to $50M per acquisition, $150M total.
- Amortization start date for term loans extended to July 31, 2026 (from July 31, 2025).
- Company must maintain at least $100M unrestricted cash with CIBC or affiliates to make earn-out payments.
- Permitted acquisitions subject to conditions: no event of default, compliance with covenants, not unfriendly.
- Existing letters of credit (e.g., $250K standby L/C) included in Cash Management Services definition.

## SEC filing metadata
- accession: 0001193125-23-178575
- form_type: 8-K
- ticker: TMDX
- cik: 0001756262
- company_name: TransMedics Group, Inc.
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1756262/000119312523178575/0001193125-23-178575-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1756262/000119312523178575/d504683d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-178575
- JSON: https://secwatch.observer/filing/0001193125-23-178575.json
- Plain text: https://secwatch.observer/filing/0001193125-23-178575.txt

## Key facts
- Material Agreements
  TransMedics Group, Inc. amended Second Amendment with Canadian Imperial Bank of Commerce (effective 2023-06-23).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Canadian Imperial Bank of Commerce
  - Effective: 2023-06-23
  source text: On June 23, 2023, TransMedics Group, Inc. (the “Company”) entered into a second amendment to the credit agreement (the “Second Amendment”), which amends that certain credit agreement, dated as of July 25, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1756262/000119312523178575/0001193125-23-178575-index.htm

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