{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-046217","form_type":"8-K","ticker":null,"cik":"0001162461","company_name":"CUTERA INC","filed_at":"2025-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.059635+00:00","generated_at":"2026-05-25T09:31:49.567514+00:00","sec_items":["1.01","1.03","2.03","2.04","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Cutera files Chapter 11; plans to equitize $429M in senior notes, cancel equity","bullets":["Filed voluntary Chapter 11 petitions on March 5, 2025; existing common stock expected to be cancelled.","Entered RSA with noteholders holding ~74% of $429.1M senior notes; plan equitizes that debt.","$25M DIP facility ($15M initial + $10M delayed draw) backstopped by noteholders; also $30M equity rights offering.","Plan milestones: confirmation by day 50, effective date by day 65; stock to be delisted from Nasdaq.","Filing triggered acceleration of 2.25% notes due 2026/2028 and 4.00% notes due 2029; collection stayed."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-046217","json":"https://secwatch.observer/filing/0001193125-25-046217.json","markdown":"https://secwatch.observer/filing/0001193125-25-046217.md","text":"https://secwatch.observer/filing/0001193125-25-046217.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1162461/000119312525046217/0001193125-25-046217-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1162461/000119312525046217/d878024d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T09:31:49.567514+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":"6d3268dbf2fd66dfd9372d036e8b2f8e8b5555aa","claim":"CUTERA INC faced acceleration on senior notes with U.S. Bank National Association at 4.00% maturing due 2029.","evidence_excerpt":"that certain Indenture, dated as of December 12, 2022, among Cutera as the issuer and Crystal as a guarantor and U.S. Bank National Association, as trustee, as amended, restated, amended and restated, supplemented, or otherwise modified from time to time in accordance with the requirements thereof, governing Cutera's 4.00% Senior Notes due 2029","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162461/000119312525046217/0001193125-25-046217-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Rate","value":"4.00%"},{"label":"Maturity","value":"due 2029"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"845c6cf853b21e443f85bbf2333eaf8812925330","claim":"CUTERA INC faced acceleration on senior notes with U.S. Bank National Association at 2.25% maturing due 2028.","evidence_excerpt":"that certain Indenture, dated as of May 27, 2022, among Cutera as the issuer and Crystal as a guarantor and U.S. Bank National Association, as trustee, as amended, restated, amended and restated supplemented or otherwise modified from time to time in accordance with the requirements thereof, governing Cutera's 2.25% Senior Notes due 2028","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162461/000119312525046217/0001193125-25-046217-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Rate","value":"2.25%"},{"label":"Maturity","value":"due 2028"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"fa4a9126a7a9b3306e7c1971c73c6573b2e4109a","claim":"CUTERA INC faced acceleration on senior notes with U.S. Bank National Association at 2.25% maturing due 2026.","evidence_excerpt":"that certain Indenture, dated as of March 9, 2021, among Cutera as the issuer and Crystal as a guarantor and U.S. Bank National Association, as trustee, as amended, restated, amended and restated, supplemented, or otherwise modified from time to time in accordance with the requirements thereof, governing Cutera's 2.25% Senior Notes due 2026","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162461/000119312525046217/0001193125-25-046217-index.htm","confidence":1.0,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Rate","value":"2.25%"},{"label":"Maturity","value":"due 2026"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"a7cf620cccb8e9cf3926cf9f14388185d8d6b01d","claim":"CUTERA INC entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2025-03-05).","evidence_excerpt":"On March 5, 2025 (the “ Petition Date ”), Cutera, Inc., a Delaware corporation (“ Cutera ”) and Crystal Sub, LLC, a Texas limited liability company and wholly owned subsidiary of Cutera (“ Crystal ” and together with Cutera, the “ Debtors ” and, the Debtors together with certain affiliates, the “ Company ”) filed voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas (the “ Bankruptcy Court ”), commencing cases (collectively, the “ Chapter 11 Cases ”) under chapter 11 of title 11 of the United States Code, 11 U.S.C. §§ 101–1532 (the “ Bankruptcy Code ”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1162461/000119312525046217/0001193125-25-046217-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the Southern District of Texas"},{"label":"Petition","value":"2025-03-05"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}