Is not material and does not require an 8-K. The company could simply disclose in the next Q CC. However, a PR disclosing the elimination in full of the Herc loan could occur. The working theory is Amedica will keep this very close and ONLY release when CSC is cleared thus catching short sellers and further "assisting" their friends holdings the warrant conversion.
Taking care of ones friends is a vital aspect in this business. Bidirectional flow.
Disclosure: We have not sold any portion of our position and have averaged up.