LENSAR (NASDAQ: LNSR) adds $50 million revolving credit facility

Rhea-AI Filing Summary

LENSAR, Inc. has entered into a Priority Credit Line Agreement with Wells Fargo Bank, N.A. providing a revolving, non-purpose margin credit facility of up to $50 million, secured by a first-priority lien on a designated brokerage account at Wells Fargo.

Approximately $10 million in collateral has been deposited in this account to support borrowings. The company can choose interest based on either a fixed rate using the Treasury Yield plus a margin, or a variable rate using SOFR plus a margin. The agreement includes customary events of default such as missed payments, failure to post additional collateral, insolvency events, or insufficient collateral value.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 12, 2026

LENSAR, INC.

(Exact name of Registrant as Specified in Its Charter)

Delaware			001-39473	32-0125724
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
2800 Discovery Drive
Orlando, Florida				32826
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: 888 536-7271

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock, par value $0.01 per share		LNSR		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On March 12, 2026, LENSAR, Inc. (the “Company”) reported that it has entered into a Priority Credit Line Agreement, dated as of March 11, 2026 (the “PCL Agreement”), by and between the Company and Wells Fargo Bank, N.A (“Wells Fargo”). The PCL Agreement provides for a revolving, non-purpose margin credit facility of up to $50 million (subject to collateral value), secured by a first-priority lien on a designated brokerage account maintained at Wells Fargo (the “Collateral Account”). Approximately $10 million in collateral has been deposited in the Collateral Account to support borrowings under the PCL Agreement.

Borrowings under the PCL Agreement bear interest, at the Company’s election, at either (i) a fixed rate based on the Treasury Yield plus an applicable margin, over a designated term, or (ii) a variable rate based on the Secured Overnight Financing Rate (SOFR) plus an applicable margin.

The PCL Agreement contains customary events of default, including, without limitation, failure to make any payment upon demand or otherwise when due or deposit additional collateral when required under the PCL Agreement; initiation of a bankruptcy petition or other insolvency proceeding; any event of default under any security agreement executed in connection with the Collateral Account; or the insufficiency of the value of the financial assets in the Collateral Account.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			LENSAR, Inc.
Date:	March 12, 2026	By:	/s/ Nicholas T. Curtis
			Nicholas T. Curtis Chief Executive Officer

FAQ

What did LENSAR (LNSR) announce in its latest 8-K filing?

LENSAR announced a Priority Credit Line Agreement with Wells Fargo, providing a revolving, non-purpose margin credit facility of up to $50 million. The facility is secured by a first-priority lien on a designated brokerage account at Wells Fargo.

How large is LENSAR’s new credit facility with Wells Fargo?

The new credit facility provides up to $50 million in revolving, non-purpose margin credit. Availability depends on the value of collateral in a designated brokerage account pledged to Wells Fargo under a first-priority lien.

What collateral supports LENSAR’s $50 million credit line?

The credit line is secured by financial assets in a designated Wells Fargo brokerage account. LENSAR has deposited approximately $10 million in collateral into this account to support potential borrowings under the Priority Credit Line Agreement.

What interest rate options are available under LENSAR’s credit agreement?

Borrowings can bear interest at either a fixed rate based on the Treasury Yield plus an applicable margin over a chosen term, or a variable rate based on SOFR plus an applicable margin, at LENSAR’s election for each borrowing.

What events of default are included in LENSAR’s Priority Credit Line Agreement?

Events of default include failure to pay amounts when due, failure to provide additional required collateral, bankruptcy or other insolvency proceedings, any default under related security agreements, or insufficient value of financial assets in the collateral account.

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