---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-014873"
form_type: "8-K"
ticker: null
cik: "0001162461"
company_name: "CUTERA INC"
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:10:14.945578+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Cutera terminates undrawn $30M credit line with First-Citizens Bank

## Summary
- Terminated Loan and Security Agreement dated July 9, 2020 with First-Citizens Bank (successor to Silicon Valley Bank).
- Facility was a $30M secured revolving line of credit maturing July 9, 2024.
- Company had never drawn on the credit line.

## SEC filing metadata
- accession: 0001628280-24-014873
- form_type: 8-K
- cik: 0001162461
- company_name: CUTERA INC
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1162461/000162828024014873/0001628280-24-014873-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1162461/000162828024014873/cutr-20240403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-014873
- JSON: https://secwatch.observer/filing/0001628280-24-014873.json
- Plain text: https://secwatch.observer/filing/0001628280-24-014873.txt

## Key facts
- Material Agreements
  CUTERA INC terminated Loan and Security Agreement with First-Citizens Bank & Trust Company (as successor to Silicon Valley Bank) valued at Terminated a four-year secured revolving loan facility of up to $30.0 million that was never drawn u (effective 2024-04-03).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: First-Citizens Bank & Trust Company (as successor to Silicon Valley Bank)
  - Value: Terminated a four-year secured revolving loan facility of up to $30.0 million that was never drawn u
  - Effective: 2024-04-03
  source text: On April 3, 2024, Cutera, Inc. (the “Company”) and First-Citizens Bank & Trust Company (as successor to Silicon Valley Bank) agreed to terminate the Loan and Security Agreement dated July 9, 2020 between the Company and Silicon Valley Bank (the “Loan and Security Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1162461/000162828024014873/0001628280-24-014873-index.htm

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