{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-078565","form_type":"8-K","ticker":"LVLU","cik":"0001780201","company_name":"Lulu's Fashion Lounge Holdings, Inc.","filed_at":"2025-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.964663+00:00","generated_at":"2026-05-17T13:20:18.797102+00:00","sec_items":["1.01","1.02","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Lulus enters $20M asset-based revolving credit facility with White Oak; repays Bank of America facility","bullets":["New $20M revolving credit facility with White Oak Commercial Finance, maturing August 14, 2028.","Includes $5M uncommitted accordion and $1M letter of credit sublimit; interest at 30-day SOFR + 3.95%.","Proceeds used to repay ~$6M outstanding under prior Bank of America credit agreement, terminating that facility.","As of effective date, $10M outstanding under new facility after repayment.","Collateralized by first-priority lien on all tangible and intangible personal property; includes minimum excess availability covenant."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-078565","json":"https://secwatch.observer/filing/0001104659-25-078565.json","markdown":"https://secwatch.observer/filing/0001104659-25-078565.md","text":"https://secwatch.observer/filing/0001104659-25-078565.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1780201/000110465925078565/0001104659-25-078565-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1780201/000110465925078565/tm2523497d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T13:20:18.797102+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7bf6266153454a0800aba21ab4f2b00b145c6375","claim":"Lulu's Fashion Lounge Holdings, Inc. incurred revolving credit of $20 million commitment with White Oak Commercial Finance, LLC at 30-day SOFR rate plus 3.95% maturing August 14, 2028.","evidence_excerpt":"as Administrative Agent, and the lenders party thereto (the “2025 Credit Agreement”). The 2025 Credit Agreement is comprised of an asset-based revolving credit facility with a $20 million commitment, a $5 million uncommitted accordion and a $1 million sublimit for letters of credit. The amount that the Borrowers may borrow under the 2025 Credit Agreement is based","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1780201/000110465925078565/0001104659-25-078565-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$20 million commitment"},{"label":"Counterparty","value":"White Oak Commercial Finance, LLC"},{"label":"Rate","value":"30-day SOFR rate plus 3.95%"},{"label":"Maturity","value":"August 14, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}