Procept BioRobotics Corporation has entered into a Third Amendment to its Loan and Security Agreement with the Canadian Imperial Bank of Commerce (CIBC). The agreement, dated September 23, 2026, amends the original loan contract that was established on October 6, 2022, and has previously been modified by amendments dated June 1, 2023, and August 6, 2025.
The primary change outlined in the filing is the extension of the Term Loan Maturity Date. The maturity date has been pushed back by 12 months, moving from October 1, 2027, to October 1, 2028. Aside from this extension, the terms of the Loan Agreement remain in full force and effect, subject to the same affirmative and negative covenants as previously disclosed.
The filing indicates that the full text of the Third Amendment is available as Exhibit 10.1 to this Current Report on Form 8-K.
