secwatch.observer — SEC 8-K summary
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Issuer:     FULL HOUSE RESORTS INC (FLL)
CIK:        0000891482
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0000891482-23-000008
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Full House Resorts issues $40M additional 8.25% Senior Secured Notes due 2028; opens The Temporary in Waukegan
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- Issued $40M aggregate principal of 8.25% Senior Secured Notes due 2028; net proceeds ~$34M.
- Opened The Temporary by American Place in Waukegan, IL on Feb 17, 2023; proceeds to fund license fees and general corporate purposes.
- Entered Second Amendment to Credit Agreement increasing permitted additional indebtedness from $25M to $40M.
- Borrowed $36M under Credit Agreement in anticipation of gaming license fees; currently outstanding.
- Company has ~$214M cash on hand including ~$110M restricted for Chamonix construction in Cripple Creek, CO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891482/000089148223000008/0000891482-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891482/000089148223000008/fll-20230215x8k.htm
  HTML page:      https://secwatch.observer/filing/0000891482-23-000008

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