Park Dental amends credit agreement: extends revolver to 2029, sets new covenants

Park Dental Partners, Inc.

Revolving credit facility maturity extended to March 27, 2029; term loan outstanding $9.46M.
New financial covenants: min Fixed Charge Coverage Ratio 1.15x, max Total Cash Flow Leverage Ratio 4.00x.
Lender permits up to $3M in loans to shareholders for tax obligations from IPO equity vesting.
Consent given for formation of new subsidiary PDP AZ, LLC; conditions must be met by April 30, 2026.
Quarterly reporting covenant updated to 45 days after fiscal quarters ending March, June, and September.

item 1.01 item 2.03 item 9.01

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