secwatch.observer — SEC 8-K summary
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Issuer:     Neuronetics, Inc. (STIM)
CIK:        0001227636
Form:       8-K
Filed at:   2026-01-22T23:59:59+00:00
Accession:  0001193125-26-018674
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Neuronetics enters Amendment No. 4 to Perceptive credit facility, modifying subsidiary guarantor requirements
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- Amendment introduces 'Immaterial Subsidiary' definition: assets/revenue ≤ $5M each, aggregate ≤ $10M.
- Subsidiaries exceeding thresholds must become Guarantors with first-priority liens within 10 business days.
- Controlled account requirements modified to exclude accounts under $300K each, $1M aggregate.
- Borrower must cause specified subsidiaries to become Obligors by Jan 30, 2026, and deliver control agreements by Feb 13, 2026.
- No other amendments; existing credit agreement remains in full force.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1227636/000119312526018674/0001193125-26-018674-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1227636/000119312526018674/d60753d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-018674

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