Financing ·
DocGo amends credit agreement to add $50M in new term loans and issues warrants for 4M shares
DCGODocGo Inc.
DocGo entered into an Amended and Restated Credit Agreement that continues $52 million in existing Term Loan A and adds three new facilities: a $12.5 million Term Loan B, a $12.5 million Term Loan C funded upon the closing of its pending merger with Hicuity Health, and a $25 million delayed-draw Term Loan D available through December 31, 2027. The company also issued warrants to purchase up to 4 million shares at an exercise price of $0.5039 per share as consideration for the administrative agent entering into the credit agreement. Concurrently, DocGo terminated its existing undrawn revolving credit facility and discharged related guarantees and liens. Ambulnz began managing Hicuity’s non-clinical operations effective October 1, 2026. DocGo provides on-demand medical transportation services.