---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-198417"
form_type: "8-K"
ticker: "STIM"
cik: "0001227636"
company_name: "Neuronetics, Inc."
filed_at: "2024-08-12T23:59:59+00:00"
generated_at: "2026-05-31T09:58:24.906268+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Neuronetics to acquire Greenbrook TMS in all-stock deal; Q2 revenue down 7%, net loss widens

## Summary
- Q2 revenue $16.5M (-7% YoY); net loss $(9.8)M ($0.33) vs $(4.9)M ($0.17) prior year.
- Acquisition of Greenbrook TMS in all-stock deal; pro forma 2023 revenue ~$145M, double stand-alone.
- Expects at least $15M annualized cost synergies; Adjusted EBITDA positive in FY2025, cash flow positive.
- Secured $50M debt facility with Perceptive Advisors (up to $90M); repaid SLR Capital loan.
- Q3 guidance revenue $18.5M-$19.5M; FY2024 revenue $78M-$80M, opex $78M-$80M.

## SEC filing metadata
- accession: 0001193125-24-198417
- form_type: 8-K
- ticker: STIM
- cik: 0001227636
- company_name: Neuronetics, Inc.
- filed_at: 2024-08-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1227636/000119312524198417/0001193125-24-198417-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1227636/000119312524198417/d760452d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-198417
- JSON: https://secwatch.observer/filing/0001193125-24-198417.json
- Plain text: https://secwatch.observer/filing/0001193125-24-198417.txt

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