{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-003545","form_type":"8-K","ticker":"OM","cik":"0001484612","company_name":"Outset Medical, Inc.","filed_at":"2025-01-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.750413+00:00","generated_at":"2026-05-28T06:31:37.668162+00:00","sec_items":["1.01","1.02","2.03","5.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Outset Medical secures $100M term loan, issues warrants and Series A Preferred in refinancing","bullets":["Borrowed $100M initial term loan from Perceptive Credit Holdings; used proceeds to repay existing SLR credit facilities.","Issued warrant to Perceptive to purchase 5.625M shares of common stock at $0.80, exercisable for 7 years.","Issued 863,340 shares of Series A Non-Voting Convertible Preferred at $200/share, convertible into 250 common shares each after stockholder approval.","Series A Preferred accrues dividends at 8% annual rate, increasing 2% per year if stockholder approval not obtained within one year.","Delayed draw term loan of up to $25M available; additional warrant for 1.40625M shares at future market price."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-003545","json":"https://secwatch.observer/filing/0001193125-25-003545.json","markdown":"https://secwatch.observer/filing/0001193125-25-003545.md","text":"https://secwatch.observer/filing/0001193125-25-003545.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1484612/000119312525003545/0001193125-25-003545-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1484612/000119312525003545/d859629d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T06:31:37.668162+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":[{"claim_id":"9f81641d5f713360c062ef098809a3c4e243e05f","claim":"Outset Medical, Inc.: Filed Certificate of Designation for Series A Non-Voting Convertible Preferred Stock, establishing rights, preferences, and limitations (effective 2025-01-07).","evidence_excerpt":"On January 7, 2025, the Company filed a Certificate of Designation of Preferences, Rights and Limitations of the Series A Non-Voting Convertible Preferred Stock with the Secretary of State of the State of Delaware (the \"Certificate of Designations\") in connection with the Private Placement.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1484612/000119312525003545/0001193125-25-003545-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-01-07"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}