---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-24-002912"
form_type: "8-K"
ticker: "LOVE"
cik: "0001701758"
company_name: "Lovesac Co"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:26:15.727287+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lovesac extends credit facility to 2029, authorizes $40M share repurchase

## Summary
- Ninth Amendment extends revolving credit facility maturity from Sept 30, 2024 to July 29, 2029.
- Adds uncommitted accordion to increase revolver by $10M; total remains $40M subject to borrowing base.
- Board authorized up to $40M in share repurchases on June 11, 2024; announced July 31, 2024.
- Repurchases may be via open market, private transactions, or ASR; timing at management discretion.
- Credit facility covenant requires undrawn availability >=10% of lesser of commitments or borrowing base.

## SEC filing metadata
- accession: 0001013762-24-002912
- form_type: 8-K
- ticker: LOVE
- cik: 0001701758
- company_name: Lovesac Co
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701758/000101376224002912/0001013762-24-002912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1701758/000101376224002912/ea0210255-8k_thelovesac.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-24-002912
- JSON: https://secwatch.observer/filing/0001013762-24-002912.json
- Plain text: https://secwatch.observer/filing/0001013762-24-002912.txt

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