---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-006298"
form_type: "8-K"
ticker: null
cik: "0001783032"
company_name: "Elevation Oncology, Inc."
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T18:01:56.948938+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Elevation Oncology prepays $32.3M term loan, discharges all obligations

## Summary
- Voluntary prepayment of $32.3M aggregate principal, interest, fees and expenses on May 2, 2025.
- Original principal $30M; prepayment fee $300K; final payment $1.935M plus accrued interest and expenses.
- Prepayment satisfied and discharged all obligations under Loan Agreement from July 2022 (as amended March 2024).
- All security interests and liens on company assets released and discharged.

## SEC filing metadata
- accession: 0001558370-25-006298
- form_type: 8-K
- cik: 0001783032
- company_name: Elevation Oncology, Inc.
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1783032/000155837025006298/0001558370-25-006298-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1783032/000155837025006298/elev-20250502x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-006298
- JSON: https://secwatch.observer/filing/0001558370-25-006298.json
- Plain text: https://secwatch.observer/filing/0001558370-25-006298.txt

## Key facts
- Debt Financings
  Elevation Oncology, Inc. faced acceleration on term loan of $30,000,000 with Lenders.
  - Instrument: term loan
  - Principal: $30,000,000
  - Counterparty: Lenders
  - Event: acceleration
  source text: K2 HealthVentures LLC, as administrative agent, and Ankura Trust Company, LLC, as collateral agent. The payoff amount reflects the aggregate original principal amount of $30,000,000, a prepayment fee of $300,000, a final payment in the amount of $1,935,000, accrued interest and Lenders’ expenses. As provided in the Payoff Letter between the Lenders and the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1783032/000155837025006298/0001558370-25-006298-index.htm

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