secwatch.observer — SEC 8-K summary
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Issuer:     DLH Holdings Corp. (DLHC)
CIK:        0000785557
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0000785557-24-000061
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DLH reduces debt to $154.6M, amends credit facility with relaxed covenants
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- Total debt fell to $154.6M at FY-end Sep 30, 2024 from $179.4M a year earlier, a $24.8M reduction.
- Q4 debt paydown was $11.9M; all mandatory fiscal 2025 amortization payments have been satisfied.
- Credit facility amended: revolver capacity cut from $70M to $50M; Total Leverage and Fixed Charge Coverage ratios modified.
- Amendment provides flexibility as DLH navigates expected shift of CMOP program to small-business set-aside contracts.
- Full audited FY 2024 results to be released on December 5, 2024; current figures are preliminary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/785557/000078555724000061/0000785557-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/785557/000078555724000061/dlhc-20241113.htm
  HTML page:      https://secwatch.observer/filing/0000785557-24-000061

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