Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Getaround, Inc amended senior notes of $61,677,504.04 with Mudrick Capital Management L.P. at 15.00% per annum maturing August 7, 2026.
- Instrument
- senior notes
- Principal
- $61,677,504.04
- Counterparty
- Mudrick Capital Management L.P.
- Rate
- 15.00% per annum
- Maturity
- August 7, 2026
- Event
- amendment
Exact text from the filing
in our current report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on January 24, 2024, to reflect an increased aggregate principal amount of $61,677,504.04, which is comprised of the original $40,303,393.49 principal amount under the Fourth A&R Note, $1,374,110.55 in accrued interest on the Note as of April 29, 2024, and an
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Executive change
SEC 8-K Item 5.02
confidence 0.95
Dr. Jeffrey Russakow resigned as Director at Getaround, Inc.
- Action
- resigned
- Role
- Director
Exact text from the filing
Effective as of April 28, 2024, Dr. Jeffrey Russakow, a member of the Board, resigned from the Board, including all committees thereof.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Getaround, Inc amended Fourth A&R Note with Mudrick Capital Management L.P. valued at $61,677,504.04 (effective 2024-04-29).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Mudrick Capital Management L.P.
- Value
- $61,677,504.04
- Effective
- 2024-04-29
Exact text from the filing
On April 29, 2024, Getaround, Inc. (the “Company”) and Mudrick Capital Management L.P., on behalf of certain funds, investors, entities or accounts that are managed, sponsored or advised by Mudrick Capital Management L.P. (the “Purchaser”), amended and restated the amended and restated super priority secured promissory note entered into by such parties on February 7, 2024 (the "Fourth A&R Note"), which replaced the Third A&R Note described in our current report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on January 24, 2024, to reflect an increased aggregate principal amount of $61,677,504.04
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