---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-018029"
form_type: "8-K"
ticker: null
cik: "0001779020"
company_name: "Danimer Scientific, Inc."
filed_at: "2025-02-11T23:59:59+00:00"
generated_at: "2026-05-26T23:28:29.666273+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Danimer Scientific enters forbearance on defaulted $14.9M senior note; term loan accelerated

## Summary
- Senior Secured Note defaulted; $14.9M owed; forbearance until March 1, 2025.
- Interest rate on Senior Secured Note increased from 15% to 17% per annum.
- Term Loan (~$133.5M) accelerated by lenders; 180-day standstill on enforcement.
- Company paid payees' legal and financial advisory costs for forbearance agreement.

## SEC filing metadata
- accession: 0000950170-25-018029
- form_type: 8-K
- cik: 0001779020
- company_name: Danimer Scientific, Inc.
- filed_at: 2025-02-11T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1779020/000095017025018029/0000950170-25-018029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1779020/000095017025018029/dnmr-20250205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-018029
- JSON: https://secwatch.observer/filing/0000950170-25-018029.json
- Plain text: https://secwatch.observer/filing/0000950170-25-018029.txt

## Key facts
- Debt Financings
  Danimer Scientific, Inc. faced acceleration on term loan of approximately $133.5 million with Required Lenders.
  - Instrument: term loan
  - Principal: approximately $133.5 million
  - Counterparty: Required Lenders
  - Event: acceleration
  source text: the Standstill Period. As of the receipt of the Term Loan Notice of Acceleration, the aggregate amount owed under the Term Loan, including accrued interest, was approximately $133.5 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1779020/000095017025018029/0000950170-25-018029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.