secwatch.observer — SEC 8-K summary
======================================

Issuer:     Urgent.ly Inc. (ULYX)
CIK:        0001603652
Form:       8-K
Filed at:   2025-01-02T23:59:59+00:00
Accession:  0000950170-24-141715
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urgently extends term loan maturities to Feb 1 and Mar 3, 2025; $3M prepayment allowed
--------------------------------------------------------------------------------

- First lien term loan maturity extended to Feb 1, 2025; partial prepayment of $3M permitted.
- Second lien term loan maturity extended to Mar 3, 2025.
- Company in constructive discussions for longer-term extensions and possible refinancing.
- CFO Tim Huffmyer says extensions support debt reduction and capital structure improvement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603652/000095017024141715/0000950170-24-141715-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603652/000095017024141715/uly-20241231.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-141715

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