secwatch.observer — SEC 8-K summary
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Issuer:     CareMax, Inc. (—)
CIK:        0001813914
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0000950170-24-060022
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

CareMax enters Fourth Amendment to credit agreement; obtains temporary waiver of defaults through June 17, 2024
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- Limited Waiver and Fourth Amendment extends waiver of certain events of default until June 17, 2024.
- Minimum liquidity covenant reduced to $10 million during the Temporary Waiver Period.
- Amendment involves Jefferies Finance, BlackRock Financial Management, and Crestline Direct Finance as lenders.
- Earlier termination of waiver upon occurrence of specified events.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1813914/000095017024060022/0000950170-24-060022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1813914/000095017024060022/cmax-20240514.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-060022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer