---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-115872"
form_type: "8-K"
ticker: "VERX"
cik: "0001806837"
company_name: "Vertex, Inc."
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:55:39.102626+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Vertex upsizes revolving credit facility from $200M to $300M, extends maturity to 2029

## Summary
- Revolving credit commitments increased to $300M from $200M under amended and restated credit agreement.
- Maturity extended to earlier of November 4, 2029 or 91 days before convertible debt maturity.
- PNC Bank continues as administrative agent; existing convertible debt schedule attached.
- Borrowing capacity expanded for general corporate purposes, including potential acquisitions.

## SEC filing metadata
- accession: 0001104659-24-115872
- form_type: 8-K
- ticker: VERX
- cik: 0001806837
- company_name: Vertex, Inc.
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- 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/1806837/000110465924115872/0001104659-24-115872-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806837/000110465924115872/tm2427468d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-115872
- JSON: https://secwatch.observer/filing/0001104659-24-115872.json
- Plain text: https://secwatch.observer/filing/0001104659-24-115872.txt

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