{"schema_version":"secwatch.filing_event.v1","accession":"0001699350-26-000044","form_type":"8-K","ticker":"SI","cik":"0001699350","company_name":"SHOULDER INNOVATIONS, INC.","filed_at":"2026-06-29T11:07:33+00:00","discovered_at":"2026-06-29T11:10:00.267568+00:00","generated_at":"2026-06-29T11:10:11.326063+00:00","sec_items":["1.01","1.02","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Shoulder Innovations closes up to $50M credit facility, refinances existing debt with improved terms","bullets":["$15M term loan fully funded; used to repay $15.7M owed to Trinity Capital.","$30M undrawn revolving line of credit with $5M accordion feature available.","Term loan interest: greater of prime minus 0.75% or 5.00%; interest-only through June 2029, matures June 2031.","New facility adds no additional indebtedness and includes no warrants.","Partnership with Stifel Venture Banking aligns lender with company's growth stage."],"urls":{"canonical":"https://secwatch.observer/filing/0001699350-26-000044","json":"https://secwatch.observer/filing/0001699350-26-000044.json","markdown":"https://secwatch.observer/filing/0001699350-26-000044.md","text":"https://secwatch.observer/filing/0001699350-26-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1699350/000169935026000044/0001699350-26-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1699350/000169935026000044/si-20260626.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T11:10:11.326063+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}