# AMERICAN SHARED HOSPITAL SERVICES (AMS) — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_1c6c1ff66ec8815ce0e9 · retrieved 2026-08-16T21:25:17.569Z

## Overview
American Shared Hospital Services is a leading provider of stereotactic radiosurgery equipment and advanced radiation therapy cancer treatment services, operating Gamma Knife systems, Proton Beam Radiation Therapy facilities, and direct patient care radiation oncology centers in North and South America.

American Shared Hospital Services entered into a Third Amendment to its Credit Agreement and Forbearance Agreement with Fifth Third Bank, establishing a revised repayment schedule for outstanding borrowings and providing additional flexibility to pursue strategic alternatives and strengthen its capital structure. In conjunction with the amendment, the Company secured $2.0 million of subordinated financing from RCS/TIG Holdings LLC, an entity controlled by Executive Chairman Ray Stachowiak, intended to provide additional liquidity as the Company executes its strategic initiatives.

## Terms
- Counterparty: Fifth Third Bank; RCS/TIG Holdings LLC · Deal value: $2.0M · Consideration: cash

## Key dates
- Announced 2026-08-13

## Timeline
- 2026-08-13 · 8-K (0001437749-26-027549): 8-K - AMERICAN SHARED HOSPITAL SERVICES — *American Shared Hospital Services is a leading provider of stereotactic radiosurgery equipment and advanced radiation therapy cancer treatment services, operating Gamma Knife systems, Proton Beam Radiation Therapy facilities, and direct patient care radiation oncology centers in North and South America.* American Shared Hospital Services entered into a Third Amendment to its Credit Agreement and Forbearance Agreement with Fifth Third Bank, establishing a revised repayment schedule for outstanding borrowings and providing additional flexibility to pursue strategic alternatives and strengthen its capital structure. In conjunction with the amendment, the Company secured $2.0 million of subordinated financing from RCS/TIG Holdings LLC, an entity controlled by Executive Chairman Ray Stachowiak, intended to provide additional liquidity as the Company executes its strategic initiatives.
  https://www.sec.gov/Archives/edgar/data/744825/0001437749-26-027549.txt

## Citations
- 0001437749-26-027549 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000143774926027549