---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-100849"
form_type: "8-K"
ticker: "AENT"
cik: "0001823584"
company_name: "ALLIANCE ENTERTAINMENT HOLDING CORP"
filed_at: "2023-09-14T23:59:59+00:00"
generated_at: "2026-06-10T17:47:11.253046+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alliance extends credit to Dec 31, 2023; gets $10M sub note; waives defaults

## Summary
- Credit facility termination date extended to December 31, 2023; new debt, liens, distributions restricted.
- Borrowers obtained $10M subordinated note from Ogilvie; subordination agreement executed.
- Lenders waived specified events of default including Fifth Third Equipment Lease defaults and 2023 Ogilvie Loan breaches.
- Borrowers released lenders from all claims; additional restrictions on loans, advances, and acquisitions.
- Conditions include amendment to Fifth Third Equipment Lease and grant of lien on additional collateral.

## SEC filing metadata
- accession: 0001104659-23-100849
- form_type: 8-K
- ticker: AENT
- cik: 0001823584
- company_name: ALLIANCE ENTERTAINMENT HOLDING CORP
- filed_at: 2023-09-14T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823584/000110465923100849/0001104659-23-100849-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823584/000110465923100849/tm2326175d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-100849
- JSON: https://secwatch.observer/filing/0001104659-23-100849.json
- Plain text: https://secwatch.observer/filing/0001104659-23-100849.txt

## Key facts
- Material Agreements
  ALLIANCE ENTERTAINMENT HOLDING CORP amended Amendment Number Thirteen and Waiver (Amendment No. 13) with Bank of America, N.A. valued at Amendment and waiver to Credit Facility; termination extended to December 31, 2023 (effective 2023-09-13).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: Amendment and waiver to Credit Facility; termination extended to December 31, 2023
  - Effective: 2023-09-13
  source text: On September 13, 2023, certain subsidiaries of Alliance Entertainment Holding Corporation, a Delaware corporation (the "Company" or "Alliance"), as Borrowers thereunder (the "Borrowers"), entered into an Amendment Number Thirteen and Waiver ("Amendment No. 13") to the Loan and Security Agreement (the "Credit Facility") with Bank of America, N.A. (the "Agent"), as agent for the Lenders thereunder.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823584/000110465923100849/0001104659-23-100849-index.htm

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