Neuronetics enters up to $90M credit facility with Perceptive, replaces SLR debt

Neuronetics, Inc.

Borrowed $50M initial tranche, used $64.6M to repay SLR Investment Corp. loan in full including fees and interest.
Facility includes two additional tranches: $15M available by Dec 31, 2025 upon revenue milestone, and $25M by June 30, 2026 with lender consent.
Issued warrants to Perceptive for up to 1,462,500 shares; initial warrant exercisable into 1,125,000 shares at VWAP-based price.
Interest rate is 7.00% plus the greater of 4.50% or 1-month SOFR; maturity July 25, 2029.

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