---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-188309"
form_type: "8-K"
ticker: "STIM"
cik: "0001227636"
company_name: "Neuronetics, Inc."
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T14:59:03.175078+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-188309
- form_type: 8-K
- ticker: STIM
- cik: 0001227636
- company_name: Neuronetics, Inc.
- filed_at: 2024-07-30T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1227636/000119312524188309/0001193125-24-188309-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1227636/000119312524188309/d848541d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-188309
- JSON: https://secwatch.observer/filing/0001193125-24-188309.json
- Plain text: https://secwatch.observer/filing/0001193125-24-188309.txt

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