---
schema_version: "secwatch.filing_event.v1"
accession: "0000742112-24-000007"
form_type: "8-K"
ticker: null
cik: "0000742112"
company_name: "INVACARE HOLDINGS Corp"
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T05:51:59.301569+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Invacare Holdings enters loan amendment; new stockholder lenders advance ~$13M, terminates borrowing commitments

## Summary
- New Lenders (stockholders) advanced $13.06M to purchase original loans; includes $8.73M principal, $1.2M prepayment premium, $1.2M make-whole.
- Additional $4.94M advance increases total principal; all lender commitments terminated; no further loans available.
- Weekly budget and variance reporting added; expenditures outside permitted variances restricted.
- Change of Control definition tightened: requires Continuing Directors and Special Committee majorities.
- Loan parties release all offsets/defenses against existing principal obligation of $8.73M plus advances.

## SEC filing metadata
- accession: 0000742112-24-000007
- form_type: 8-K
- cik: 0000742112
- company_name: INVACARE HOLDINGS Corp
- filed_at: 2024-03-01T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/742112/000074211224000007/0000742112-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/742112/000074211224000007/ivc-20240226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000742112-24-000007
- JSON: https://secwatch.observer/filing/0000742112-24-000007.json
- Plain text: https://secwatch.observer/filing/0000742112-24-000007.txt

## Key facts
- Material Agreements
  INVACARE HOLDINGS Corp amended First Amendment to Loan and Security Agreement with White Oak Commercial Finance, LLC as agent and certain lenders (effective 2024-02-26).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: White Oak Commercial Finance, LLC as agent and certain lenders
  - Effective: 2024-02-26
  source text: On February 26, 2024, Invacare Holdings Corporation (the “ Company ”) entered into the First Amendment to Loan and Security Agreement (the “ First Amendment ”) by and among the Company, certain of the Company’s direct and indirect North American subsidiaries (the “ ABL Borrowers ”), certain other of the Company’s direct and indirect North American subsidiaries (together with the Company, the “ ABL Guarantors ”), Invacare International Holdings Corp., each lender party thereto (collectively, the “ New Lenders ”, each of which is a stockholder of the Company), and White Oak Commercial Finance, LLC, as administrative and as collateral agent (the “ Agent ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/742112/000074211224000007/0000742112-24-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.