SI-BONE, Inc. (SIBN) Social Stream



SI-BONE, Inc. (SIBN): $12.12

0.03 (-0.25%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

C

Featured Post From StockTwits About SIBN

$SIBN New SEC Filing: 8-K Material Agrmt - SI-BONE, Inc. (0001459839) August 12


Item 1.01. Entry into a Material Definitive Agreement.On August 12, 2021, SI-BONE, Inc. (the "Company") entered into a Loan and Security Agreement (the "Loan Agreement") with Silicon Valley Bank., a California corporation ("SVB").Upon entry into the Loan Agreement (the "Effective Date") the Company borrowed $35.0 million pursuant to a term loan (the "SVB Term Loan"). The Company used the proceeds of the SVB Term Loan to repay in full and terminate the Company's existing credit facility with Solar Capital Ltd. as collateral agent (the "Solar Term Loan").The SVB Term Loan matures (the "Maturity Date") on either (a) August 1, 2025 or (b) August 1, 2026 dependent on the Company's achievement of (...)

https://mkn.re/97274
MarketNewswire, published August 13, 2021

Loading social stream, please wait...


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!