secwatch.observer — SEC 8-K summary
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Issuer:     Rigetti Computing, Inc. (RGTI)
CIK:        0001838359
Form:       8-K
Filed at:   2024-06-24T23:59:59+00:00
Accession:  0001193125-24-166321
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rigetti amends loan agreement with Trinity Capital; $16.2M principal outstanding
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- Amended Loan Agreement with Trinity Capital Inc. dated June 21, 2024 restates prior March 2021 loan.
- Principal balance of $16,177,207.84; no additional funds available to draw.
- Interest rate remains greater of 11% or US Prime Rate plus 7.50% per annum, payable monthly.
- Covenants amended to increase flexibility; prepayment premium and final payment fee unchanged.
- Repayment in equal monthly installments through 48 months from each term loan's disbursement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838359/000119312524166321/0001193125-24-166321-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838359/000119312524166321/d700420d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-166321

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