Financing ·
On September 23, 2026, PROCEPT BioRobotics Corporation entered into a Third Amendment to its Loan and Security…
PRCTPROCEPT BioRobotics Corp
On September 23, 2026, PROCEPT BioRobotics Corporation entered into a Third Amendment to its Loan and Security Agreement with Canadian Imperial Bank of Commerce. The amendment extends the Term Loan Maturity Date by twelve months, moving it from October 1, 2027, to October 1, 2028. All other terms, including affirmative and negative covenants, remain unchanged. This modification provides the company with additional time to repay its debt obligations without altering the fundamental structure of the existing credit facility. PROCEPT BioRobotics Corporation operates in the medical device industry, specializing in robotic-assisted urological surgery.