secwatch.observer — SEC 8-K summary
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Issuer:     CalciMedica, Inc. (CALC)
CIK:        0001534133
Form:       8-K
Filed at:   2026-06-24T10:50:38+00:00
Accession:  0001193125-26-280223
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CalciMedica amends loan with Avenue: extends maturity to 2029, ups convertible amount to $3M
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- Loan principal $10M unchanged; interest-only extended to Sep 2027, maturity to Sep 2029.
- Lender's conversion option increased from $1M to $3M at $1.00/share; new 1M-share warrant issued at same price.
- Company granted monthly Put Option to force conversion up to 20% of 15-day avg volume if VWAP >1.5x conversion price.
- Existing warrant exercise price reduced from $2.32 to $1.00; beneficial ownership cap set at 4.99% (expandable to 19.99%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534133/000119312526280223/0001193125-26-280223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534133/000119312526280223/d40651d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-280223

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