{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-001911","form_type":"8-K","ticker":"OM","cik":"0001484612","company_name":"Outset Medical, Inc.","filed_at":"2025-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.750211+00:00","generated_at":"2026-05-28T10:34:01.871624+00:00","sec_items":["1.01","2.02","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Outset Medical secures $168.8M equity private placement and $125M debt facility, reports $113M 2024 revenue","bullets":["Private placement of 843,908 Series A convertible preferred shares at $200/share for ~$168.8M gross proceeds; insiders to invest additional $3.9M subject to shareholder approval.","New $125M senior secured credit facility from Perceptive Advisors: $100M initial term loan plus up to $25M delayed draw, maturity 2030, SOFR+8% with 2-year PIK component.","Proceeds used to repay in full ~$200M of existing credit facilities (maturing 2027) with SLR Investment and Gemino; expected to have ~$210M cash and $100M debt post-closing.","Preliminary unaudited Q4 2024 revenue of $29M and FY 2024 revenue of $113M, ahead of prior guidance.","Financing led by PFM Health Sciences and Perceptive Advisors; expected to close Jan 8, 2025, and fund operations through cashflow breakeven."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-001911","json":"https://secwatch.observer/filing/0001193125-25-001911.json","markdown":"https://secwatch.observer/filing/0001193125-25-001911.md","text":"https://secwatch.observer/filing/0001193125-25-001911.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1484612/000119312525001911/0001193125-25-001911-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1484612/000119312525001911/d900977d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T10:34:01.871624+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}