Kodiak AI, Inc., a leader in AI-powered autonomous driving technology, has announced the establishment of a new senior secured term loan facility with Horizon Technology Finance Corporation. The new debt facility totals $30 million, all of which was drawn at closing, and offers improved terms compared to Kodiak's previous arrangement. Key benefits include a reduced interest rate by 200 basis points, extension of debt maturity from 2026 to 2030, elimination of near-term principal payments, and increased debt capacity. The transaction strengthens Kodiak's liquidity position, reduces near-term cash outflows, and enhances its ability to execute on strategic priorities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kodiak Ai Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9618684-en) on December 31, 2025, and is solely responsible for the information contained therein.