Venus Concept Inc. Files 8-K for Material Agreement

TL;DR

Venus Concept signed a big deal on Aug 21st, filing it today. Details inside.

AI Summary

Venus Concept Inc. filed an 8-K on August 26, 2025, reporting an entry into a material definitive agreement on August 21, 2025. The filing also includes financial statements and exhibits. The company, formerly known as Restoration Robotics, Inc., is incorporated in Delaware and headquartered in Toronto, Ontario.

Why It Matters

This filing indicates a significant new contract or deal for Venus Concept Inc., which could impact its future business operations and financial performance.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities, and the specifics of this agreement are not detailed in the provided summary.

Key Players & Entities

• Venus Concept Inc. (company) — Registrant
• Restoration Robotics, Inc. (company) — Former company name
• August 21, 2025 (date) — Date of earliest event reported
• August 26, 2025 (date) — Date of report

FAQ

Key Financial Figures

• $0.0001 — (s) on which registered Common Stock, $0.0001 par value per share VERO The Nasdaq
• $5,000,000 — an aggregate principal amount of up to $5,000,000 which amount was subsequently increased
• $23,237,906.85 — ch amount was subsequently increased to $23,237,906.85. Borrowings under the Bridge Financing
• $2,237,906.85 — a term loan in the principal amount of $2,237,906.85. The second drawdown under the Loan an
• $1,000,000 — ty Agreement in the principal amount of $1,000,000. The third drawdown under the Loan and
• $1,200,000 — ty Agreement in the principal amount of $1,200,000. The sixth drawdown under the Loan and
• $1,500,000 — ty Agreement in the principal amount of $1,500,000. The seventh drawdown under the Loan a
• $3,000,000 — ty Agreement in the principal amount of $3,000,000. The eighth drawdown under the Loan an
• $2,300,000 — ty Agreement in the principal amount of $2,300,000. The ninth drawdown under the Loan and
• $2,000,000 — ty Agreement in the principal amount of $2,000,000. The tenth drawdown under the Loan and

Filing Documents

• ef20054459_8k.htm (8-K) — 34KB
• 0001140361-25-032608.txt ( ) — 160KB
• vero-20250821.xsd (EX-101.SCH) — 4KB
• vero-20250821_lab.xml (EX-101.LAB) — 21KB
• vero-20250821_pre.xml (EX-101.PRE) — 16KB
• ef20054459_8k_htm.xml (XML) — 4KB

01

Item 1.01. Entry into a Material Definitive Agreement. Eleventh Delayed Drawdown As previously disclosed, on April 23, 2024, Venus Concept Inc. (the "Company"), Venus Concept USA, Inc., a wholly-owned subsidiary of the Company ("Venus USA" or "Borrower"), Venus Concept Canada Corp., a wholly-owned Canadian subsidiary of the Company ("Venus Canada"), and Venus Concept Ltd., a wholly-owned Israeli subsidiary of the Company ("Venus Israel" and together with the Company, Venus USA and Venus Canada, the "Loan Parties"), entered into a Loan and Security Agreement (the "Loan and Security Agreement"), with Madryn Health Partners, LP ("Madryn") and Madryn Health Partners (Cayman Master), LP ("Madryn Cayman," and together with Madryn, the "Lenders) and Madryn, as administrative agent. Pursuant to the Loan and Security Agreement (as amended), the Lenders agreed to provide the Borrower with bridge financing (the "Bridge Financing") in the form of a term loan in one or more draws in an aggregate principal amount of up to $5,000,000 which amount was subsequently increased to $23,237,906.85. Borrowings under the Bridge Financing will bear interest at a rate per annum equal to 12%. On the maturity date of the Bridge Financing, the Loan Parties are obligated to make a payment equal to all unpaid principal and accrued interest. The Loan and Security Agreement also provides that all present and future indebtedness and the obligations of the Borrower to Madryn shall be secured by a priority security interest in all real and personal property collateral of the Loan Parties. The initial drawdown under the Loan and Security Agreement occurred on April 23, 2024, when the Lenders agreed to provide the Borrower with bridge financing in the form of a term loan in the principal amount of $2,237,906.85. The second drawdown under the Loan and Security Agreement occurred on July 26, 2024, when the Lenders agreed to provide the Borrower with a subsequent drawdown under the Loan and Securit

Financial Statements and Exhibits

Financial Statements and Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VENUS CONCEPT INC. Date: August 26, 2025 By: /s/ Michael Mandarello Michael Mandarello Chief Legal Officer & Head of Strategy & Operations

View Full Filing

View this 8-K filing on SEC EDGAR