---
schema_version: "secwatch.filing_event.v1"
accession: "0001459839-21-000056"
form_type: "8-K"
ticker: "SIBN"
cik: "0001459839"
company_name: "SI-BONE, Inc."
filed_at: "2021-08-13T23:59:59+00:00"
generated_at: "2026-06-29T11:13:45.728992+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SI-BONE enters $35M SVB term loan, repays $41.7M Solar Capital facility

## Summary
- $35M term loan from Silicon Valley Bank at greater of 5.75% or prime+2.5%; matures Aug 2025 or Aug 2026 if milestone met.
- Proceeds used to repay Solar Capital term loan; total payment $41.7M ($41M principal+final fee, $0.6M prepayment fees).
- Loan secured by substantially all assets except IP; includes affirmative/negative covenants and customary events of default.
- Monthly principal amortization starts Sep 2023; prepayment fee 1% if within 2 years, 0% after.

## SEC filing metadata
- accession: 0001459839-21-000056
- form_type: 8-K
- ticker: SIBN
- cik: 0001459839
- company_name: SI-BONE, Inc.
- filed_at: 2021-08-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1459839/000145983921000056/0001459839-21-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1459839/000145983921000056/sibn-20210812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001459839-21-000056
- JSON: https://secwatch.observer/filing/0001459839-21-000056.json
- Plain text: https://secwatch.observer/filing/0001459839-21-000056.txt

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