---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-22-001630"
form_type: "8-K"
ticker: "GERN"
cik: "0000886744"
company_name: "GERON CORP"
filed_at: "2022-06-30T23:59:59+00:00"
generated_at: "2026-06-24T22:14:16.360588+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Geron expands credit facility to $125M from $75M via Hercules Capital amendment

## Summary
- Aggregate principal available increased from $75M to $125M under second amendment to Loan and Security Agreement.
- Remaining $75M available in four tranches subject to clinical/regulatory milestones and lender approval.
- Current outstanding principal is $50M; new facility charges include 1.0% facility charge per drawn tranche.
- New minimum cash balance requirement: greater of 50% of outstanding or $30M before potential imetelstat approval.
- Prepayment charge of 1.5% applies within first 36 months; no charge thereafter.

## SEC filing metadata
- accession: 0001206774-22-001630
- form_type: 8-K
- ticker: GERN
- cik: 0000886744
- company_name: GERON CORP
- filed_at: 2022-06-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886744/000120677422001630/0001206774-22-001630-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886744/000120677422001630/geron4078581-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-22-001630
- JSON: https://secwatch.observer/filing/0001206774-22-001630.json
- Plain text: https://secwatch.observer/filing/0001206774-22-001630.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.