secwatch.observer — SEC 8-K summary
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Issuer:     Neuronetics, Inc. (STIM)
CIK:        0001227636
Form:       8-K
Filed at:   2026-11-10T21:10:15+00:00
Accession:  0001193125-26-455457
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Neuronetics amends Perceptive credit pact, requiring $15M prepayment by Nov 30 to reset revenue covenants
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- Amendment No. 6 to the July 25, 2024 Credit Agreement with Perceptive Credit Holdings IV modifies certain revenue covenants, effective only if conditions are met.
- Conditions include an optional prepayment of at least $15,000,000 principal plus accrued unpaid interest and the applicable Early Prepayment Fee.
- Borrower must also pay Perceptive a non-refundable, fully-earned amendment fee of 1.00% of outstanding principal immediately after the $15M prepayment.
- Early Prepayment Fee for paydowns after the third and on or before the fourth anniversary of the July 25, 2024 closing date is 3.50% of principal prepaid.
- If conditions are not satisfied or waived by November 30, 2026, the amendment automatically terminates; CFO Nir Naor signed for Neuronetics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1227636/000119312526455457/0001193125-26-455457-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1227636/000119312526455457/d182514d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-455457

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