MIRAMAR LABS, INC. (OTCMKTS:MRLB) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.
On June 16, 2017, Miramar Labs, Inc. (the Company) entered into
the Sixth Amendment to Loan and Security Agreement (the
“Amendment”) with Miramar Technologies, Inc., Oxford Finance LLC
(“Oxford”), as collateral agent and the Lenders listed on the
pages thereto, including Oxford and Silicon Valley Bank, to amend
the Loan and Security Agreement dated August 7, 2015, as amended
(the “Loan Agreement”). Among other things, the Amendment (i)
modifies the repayment schedule by amending the defined term
“Deferment Period” and (ii) reduces the notice period for
prepayment in connection with the closing the transaction
contemplated by the MA Term Sheet (as defined in the Loan
Agreement).
the Sixth Amendment to Loan and Security Agreement (the
“Amendment”) with Miramar Technologies, Inc., Oxford Finance LLC
(“Oxford”), as collateral agent and the Lenders listed on the
pages thereto, including Oxford and Silicon Valley Bank, to amend
the Loan and Security Agreement dated August 7, 2015, as amended
(the “Loan Agreement”). Among other things, the Amendment (i)
modifies the repayment schedule by amending the defined term
“Deferment Period” and (ii) reduces the notice period for
prepayment in connection with the closing the transaction
contemplated by the MA Term Sheet (as defined in the Loan
Agreement).
The foregoing description of the Amendment does not purport to be
complete and is qualified in its entirety by reference to the
complete text of the Amendment filed as Exhibit 10.1 hereto.
complete and is qualified in its entirety by reference to the
complete text of the Amendment filed as Exhibit 10.1 hereto.
Item 2.03. Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a
Registrant.
Obligation under an Off-Balance Sheet Arrangement of a
Registrant.
The disclosure in Item 1.01 of this Current Report on Form 8-K is
incorporated by reference into this Item.
incorporated by reference into this Item.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No.
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Description
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10.1
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Sixth Amendment to Loan and Security Agreement dated
June 16, 2017, by and among Miramar Labs, Inc., Miramar Technologies, Inc., Oxford Finance LLC, Silicon Valley Bank and Lenders from time to time a party thereto. |
MIRAMAR LABS, INC. ExhibitEX-10.1 2 exhibit1018k.htm EXHIBIT 10.1 Exhibit SIXTH AMENDMENT TO LOAN AND SECURITY AGREEMENTThis SIXTH AMENDMENT TO LOAN AND SECURITY AGREEMENT (this “Amendment”) is entered into as of June 16,…To view the full exhibit click here