secwatch.observer — SEC 8-K summary
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Issuer:     INTERPACE BIOSCIENCES, INC. (IDXG)
CIK:        0001054102
Form:       8-K
Filed at:   2023-10-27T23:59:59+00:00
Accession:  0001493152-23-038510
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interpace Biosciences amends BroadOak loan: $2.5M lump sum to satisfy $3M terminal payment, rate cut to 8%
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- Lump sum payment of $2.5M due by Oct 31, 2023 in full satisfaction of $3M terminal payment under the Loan and Security Agreement.
- Interest rate reduced from 9% to 8% per annum from Nov 1, 2023 through Oct 31, 2024.
- Company may request extension of maturity date (Oct 31, 2024) with lender's sole discretion; 60-day notice required.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1054102/000149315223038510/0001493152-23-038510-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1054102/000149315223038510/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-038510

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