ACCURAY INC (ARAY) Form SCHEDULE 13D/A — Sep 2, 2026
TCW entities filed an amended Schedule 13D on Accuray Incorporated (ARAY) disclosing common stock purchase warrants exercisable for 7,987,743 shares (TCW Rescue Financing Fund II LP) and 598,114 shares (TCW WV Financing LLC) — a combined 8,585,857 shares — at an exercise price of $0.01 per share. The warrants were issued July 29, 2026 and expire July 29, 2033, as consideration for Amendment No. 3 to Accuray's Financing Agreement, under which TCW Asset Management Company LLC serves as collateral and administrative agent and Wingspire Capital LLC as servicing agent; the amendment modified financial covenant, liquidity and related provisions.
Key figures
- Warrant Issue Date
- 2026-07-29
- Exercise Price Per Share
- $0.01
- Warrant Expiration Date
- 2029-07-29".replace
- Underlying Credit Facility
- Financing Agreement dated June 6, 2025, amended by Amendment No. 3 dated July 29, 2026
- Warrant Shares TCWWVFinancing
- 598114
- Maximum Beneficial Ownership Cap
- 19.9%
- Anti Dilution Minimum Price Trigger
- $1.00
- Warrant Shares TCWRescue Financing Fund II
- 7987743
AI analysis
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