Sight Sciences Announces the Closing of up to $65 Million Senior Secured Credit Facility with Hercules Capital

January 23, 2024

https://www.globenewswire.com/news-release/2024/01/23/2814505/0/en/Sight-Sciences-Announces-the-Closing-of-up-to-65-Million-Senior-Secured-Credit-Facility-with-Hercules-Capital.html

MENLO PARK, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) — Sight Sciences, Inc. (Nasdaq:SGHT) (“Sight Sciences”), an eyecare technology company focused on developing and commercializing innovative technology intended to transform care and improve patients’ lives, today announced the closing of an up to $65 million senior secured credit facility with Hercules Capital, Inc. (NYSE:HTGC) (“Hercules”), a leader in customized debt financing for companies in life sciences and technology-related markets. The transaction included the immediate draw of $35 million, the net proceeds of which the Company used to pay off the principal amount of the Company’s indebtedness to its previous secured lender.

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