PROCEPT BioRobotics Extends CIBC Term Loan Maturity to Oct 2028 Under Third Amendment

PROCEPT BioRobotics entered into a Third Amendment to its Loan and Security Agreement with Canadian Imperial Bank of Commerce to extend the term loan maturity. The amendment moves the maturity date by 12 months, from Oct 1, 2027 to Oct 1, 2028, with other covenants unchanged. The change is expected…