DocGo amends credit agreement, adds $62 million in new term loan facilities
DCGO•DocGo entered an amended credit agreement on Oct. 1, 2026, that includes $12.5 million in new funding at closing and up to $37.5 million in additional availability. The facility matures Dec. 6, 2029, and includes a warrant for 4 million shares at $0.5039.
1. Loan facility terms
DocGo entered an amended and restated credit agreement with Perceptive Credit Holdings IV as administrative agent. The facility includes $52 million in existing term loans, $12.5 million of new funding at closing and up to $37.5 million in additional availability. Pricing is Term SOFR, subject to a 3.50% floor, plus a 7.50% margin, with maturity on Dec. 6, 2029.
2. Collateral and warrant
The borrowers granted first-priority liens on substantially all personal property, and subsidiaries provided guarantees. DocGo issued a warrant for 4 million shares at $0.5039 and terminated an undrawn revolver led by Citibank.
