---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-089528"
form_type: "8-K"
ticker: null
cik: "0001509223"
company_name: "Moatable, Inc."
filed_at: "2025-09-12T23:59:59+00:00"
generated_at: "2026-05-17T06:44:17.154218+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Moatable units secure $9.75M credit facility for Class A share tender offer

## Summary
- Borrowed $9.75M from PNC Bank on Sept 11, 2025; proceeds fund tender offer of up to 225M Class A ordinary shares at $3.00 per ADS.
- Interest at Daily Simple SOFR + 1.50% + 0.10% credit spread; matures Oct 31, 2026.
- 100% cash collateralized; unused portion subject to 0.15% commitment fee.
- Repayment allowed anytime without premium; no mandatory prepayments or amortization.

## SEC filing metadata
- accession: 0001104659-25-089528
- form_type: 8-K
- cik: 0001509223
- company_name: Moatable, Inc.
- filed_at: 2025-09-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1509223/000110465925089528/0001104659-25-089528-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1509223/000110465925089528/tm2525936d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-089528
- JSON: https://secwatch.observer/filing/0001104659-25-089528.json
- Plain text: https://secwatch.observer/filing/0001104659-25-089528.txt

## Key facts
- Debt Financings
  Moatable, Inc. incurred credit facility of $9.75 million with PNC Bank, National Association at Daily Simple SOFR plus 1.50%, plus a credit spread adjustment of 0.1% maturing October 31, 2026.
  - Instrument: credit facility
  - Principal: $9.75 million
  - Counterparty: PNC Bank, National Association
  - Rate: Daily Simple SOFR plus 1.50%, plus a credit spread adjustment of 0.1%
  - Maturity: October 31, 2026
  - Event: incurrence
  source text: The Borrowers borrowed $9.75 million under the Credit Facility on September 11, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1509223/000110465925089528/0001104659-25-089528-index.htm

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