secwatch.observer — SEC 8-K summary
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Issuer:     Astrana Health, Inc. (ASTH)
CIK:        0001083446
Form:       8-K
Filed at:   2023-09-08T23:59:59+00:00
Accession:  0001104659-23-099360
Event type: debt
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apollo Medical amends credit agreement, waives past defaults on leverage ratio miscalculations, pays $200K fee
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- Increased letter of credit sub-facility from $25M to $50M.
- Waived Specified Events of Default for periods from Q3 2021 to Q1 2023 due to miscalculated leverage ratio and underpaid interest/fees.
- Paid $200K aggregate fee to lenders as full payment for past interest and LC fees.
- Revised compliance certificate form and provided updated covenant calculations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083446/000110465923099360/0001104659-23-099360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083446/000110465923099360/tm2325794d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-099360

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