secwatch.observer — SEC 8-K summary
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Issuer:     NeueHealth, Inc. (—)
CIK:        0001671284
Form:       8-K
Filed at:   2024-04-10T23:59:59+00:00
Accession:  0001628280-24-015545
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NeueHealth secures $30M incremental term loan from NEA; issues penny warrants
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- Incremental term loan commitment of $30M from NEA lenders under existing credit agreement.
- Issues warrants to purchase up to 1,113,563 shares of common stock at $0.01 per share.
- Proceeds to support general corporate purposes and 2024 strategic priorities.
- Audit Committee waived shareholder vote on warrant issuance, citing financial viability; NYSE approved exception.
- NEA gains right to appoint one Board member after the 2024 annual meeting if certain thresholds met.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1671284/000162828024015545/0001628280-24-015545-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1671284/000162828024015545/bhg-20240408.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-015545

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