{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-003356","form_type":"8-K","ticker":"CERS","cik":"0001020214","company_name":"CERUS CORP","filed_at":"2024-01-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.126363+00:00","generated_at":"2026-06-07T02:51:31.325265+00:00","sec_items":["1.01","3.03","5.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Cerus removes revenue condition on $5M tranche 3 draw; updates bylaws with exclusive forum provision","bullets":["Term Loan Amendment eliminates minimum revenue condition for the remaining $5M tranche 3; draw available until July 1, 2024.","Bylaws amended to include exclusive forum: Delaware Chancery for internal corporate matters; federal courts for Securities Act claims.","Bylaws adopt universal proxy rules and update advance notice timing for stockholder nominations and proposals.","For 2024 Annual Meeting, stockholder proposals (non-Rule 14a-8) must be received between Feb 8 and Mar 9, 2024.","Bylaws also clarify remote meeting authority, board postponement power, and limits on director nominations per meeting."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-003356","json":"https://secwatch.observer/filing/0001193125-24-003356.json","markdown":"https://secwatch.observer/filing/0001193125-24-003356.md","text":"https://secwatch.observer/filing/0001193125-24-003356.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1020214/000119312524003356/0001193125-24-003356-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1020214/000119312524003356/d99458d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T02:51:31.325265+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d011fdc10748f4b98e2327e3630754bcde739a0c","claim":"CERUS CORP: The Board approved an amendment and restatement of the Company's Bylaws, including changes to stockholder meeting procedures, advance notice provisions, universal proxy rules, and exclusive forum provisions (effective 2024-01-04).","evidence_excerpt":"On January 4, 2024, the Board of Directors (the “Board”) of the Company approved the amendment and restatement of the Company’s Amended and Restated Bylaws (as so amended and restated, the “Bylaws”) to, among other things:","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1020214/000119312524003356/0001193125-24-003356-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2024-01-04"}],"fact_type":"governance_change"},{"claim_id":"4d282d8cd9a5e7a58b52c109b078183f6a3bdda9","claim":"CERUS CORP amended Term Loan Amendment with MidCap Financial Trust (effective 2024-01-05).","evidence_excerpt":"On January 5, 2024, Cerus Corporation (the \"Company\") entered into a second amendment (the \"Term Loan Amendment\") to that certain Amended and Restated Credit, Security and Guaranty Agreement (Term Loan) dated as of March 31, 2023 by and among the Company, the lenders party thereto from time to time and MidCap Financial Trust, as agent and a lender.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1020214/000119312524003356/0001193125-24-003356-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"MidCap Financial Trust"},{"label":"Effective","value":"2024-01-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}