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Exagen Inc. Announces Senior Secured Credit Facility with Perceptive Advisors
XGNExagen(XGN) GlobeNewswire· Globenewswire·2025-04-28 13:00

25MillionFundedatClosetoRefinanceExistingDebtandExtendMaturityAdditionalBorrowingCapacityProvidesMinimallyDilutiveGrowthCapitalCARLSBAD,Calif.,April28,2025(GLOBENEWSWIRE)ExagenInc.(Nasdaq:XGN),aleadingproviderofautoimmunetestingsolutions,todayannouncedithasenteredintoanagreementwithPerceptiveAdvisorsLLCforatermloancreditfacilityofupto25 Million Funded at Close to Refinance Existing Debt and Extend Maturity Additional Borrowing Capacity Provides Minimally Dilutive Growth Capital CARLSBAD, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- Exagen Inc. (Nasdaq: XGN), a leading provider of autoimmune testing solutions, today announced it has entered into an agreement with Perceptive Advisors LLC for a term loan credit facility of up to 75 million, with $25 million funded at closing to retire an existing debt facility and strengthen the balance sh ...