secwatch.observer — SEC 8-K summary
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Issuer:     Disc Medicine, Inc. (IRON)
CIK:        0001816736
Form:       8-K
Filed at:   2026-06-30T20:16:18+00:00
Accession:  0001193125-26-290542
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Disc Medicine amends loan with Hercules, draws $30M, extends draw periods
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- Drew $30M of Tranche 1-B advance under existing loan agreement with Hercules Capital.
- Existing $50M Tranche 1-C split into $25M available through March 31, 2027 and $25M Tranche 1-D through April 30, 2027.
- Tranche 2 and Tranche 3 draw periods extended to December 15, 2027 and June 30, 2028, respectively.
- Minimum cash covenant testing date moved to July 1, 2028.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816736/000119312526290542/0001193125-26-290542-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816736/000119312526290542/iron-20260625.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-290542

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer