---
schema_version: "secwatch.filing_event.v1"
accession: "0001023731-25-000070"
form_type: "8-K"
ticker: "EGHT"
cik: "0001023731"
company_name: "8X8 INC /DE/"
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:18:54.719734+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# 8x8 amends term loan, reduces principal by $219M since peak, outstanding $127M

## Summary
- Executed First Amendment to Term Loan Credit Agreement with Wells Fargo and lenders.
- Consolidated total net leverage ratio covenant fixed at 4.50x for duration of agreement.
- Acquisition flexibility added: up to $25M of aggregate consideration exempt from certain ratio tests.
- Outstanding term loan principal $127M after $10M prepayment; no mandatory FY2026 payments until June 30, 2026.
- Company has reduced term loan by $219M (~40%) since August 2022 peak.

## SEC filing metadata
- accession: 0001023731-25-000070
- form_type: 8-K
- ticker: EGHT
- cik: 0001023731
- company_name: 8X8 INC /DE/
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023731/000102373125000070/0001023731-25-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023731/000102373125000070/eght-20250729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023731-25-000070
- JSON: https://secwatch.observer/filing/0001023731-25-000070.json
- Plain text: https://secwatch.observer/filing/0001023731-25-000070.txt

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