Positive Development Secures $45 Million Growth Facility to Expand Access to Developmental Therapy and Autism Diagnostics Nationwide
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: Business Wire
New non-dilutive financing will support geographic expansion, acquisitions and increased access to developmental therapy for autistic children.Facility provided by Silicon Valley Bank and Pinegrove Venture Partners refinances existing credit facility and strengthens the company’s balance sheet. MCLEAN, Va.--(BUSINESS WIRE)--Positive Development, the nation’s leading provider of developmental therapy for autistic children and their families, today announced the closing of a debt financing facility for up to $45 million provided by Silicon Valley Bank (SVB), a division of First Citizens Bank, and Pinegrove Venture Partners (Pinegrove).The new facility refinances Positive Development’s existing credit facility, and provides flexible, non-dilutive capital to support its next phase of growth. The financing will be used expand and strengthen the company’s developmental therapy and autism diagnostics services into new and existing geographies across the United States, pursue strategic acq
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FCNCA
Earnings
- 10/23/25 - Beat
FCNCA
Sec Filings
- 1/14/26 - Form 8-K
- 1/13/26 - Form 4
- 12/22/25 - Form SCHEDULE
- FCNCA's page on the SEC website