Kodiak AI Announces Refinancing of Senior Debt Facility

MOUNTAIN VIEW, Calif., Dec. 31, 2025 (GLOBE NEWSWIRE) -- Kodiak AI, Inc. (“Kodiak” or the “Company”) (Nasdaq: KDK), a leading provider of AI-powered autonomous driving technology, today announced the completion of the establishment of a new debt facility with Horizon Technology Finance Corporation (the “Lender”) (Nasdaq: HRZN) as noted in a Form 8-K that was filed today with the SEC. Compared to Kodiak’s previous debt facility, the terms of the new facility provide additional capital, lower interest rates by 200 basis points, extend maturity, and reduce cash outflow and will provide Kodiak with improved liquidity and increased flexibility to operate and scale its business.