Neuronetics Amends Credit Agreement Covenants, Conditional on $15M Prepayment

Neuronetics, Inc. has entered into an amendment to its existing credit agreement with Perceptive Credit Holdings IV, LP. The amendment modifies certain revenue covenants but is contingent upon the company making an optional loan prepayment of at least $15 million.

Key Details

• Agreement: On November 5, 2026, the company entered into Amendment No. 6 to its Credit Agreement and Guaranty with Perceptive Credit Holdings IV, LP.
• Core Change: The amendment modifies certain undisclosed revenue covenants within the existing credit facility.
• Contingency: The amendment only becomes effective if the company makes an optional prepayment of at least $15,000,000, plus accrued interest, an early prepayment fee, and other related costs.
• Deadline: The conditions, including the prepayment, must be satisfied or waived on or before November 30, 2026, otherwise the amendment will automatically terminate.