secwatch.observer — SEC 8-K summary
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Issuer:     PROCEPT BioRobotics Corp (PRCT)
CIK:        0001588978
Form:       8-K
Filed at:   2026-09-24T20:44:35+00:00
Accession:  0001588978-26-000034
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PROCEPT BioRobotics extends CIBC term loan maturity by 12 months to Oct 1, 2028
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- Third Amendment to Loan and Security Agreement signed September 23, 2026 with Canadian Imperial Bank of Commerce.
- Term Loan Maturity Date extended from October 1, 2027 to October 1, 2028 (72nd payment date).
- Company paid a non-refundable extension fee of $26,000 to CIBC.
- All other loan covenants, guarantees, and security interests remain in full force and effect.
- No events of default were declared; obligations reaffirmed without setoff or counterclaim.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1588978/000158897826000034/0001588978-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1588978/000158897826000034/prct-20260923.htm
  HTML page:      https://secwatch.observer/filing/0001588978-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer