---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-017525"
form_type: "8-K"
ticker: "PARK"
cik: "0002069604"
company_name: "Park Dental Partners, Inc."
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:50:54.845463+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-017525
- form_type: 8-K
- ticker: PARK
- cik: 0002069604
- company_name: Park Dental Partners, Inc.
- filed_at: 2026-02-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2069604/000110465926017525/0001104659-26-017525-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2069604/000110465926017525/tm266556d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-017525
- JSON: https://secwatch.observer/filing/0001104659-26-017525.json
- Plain text: https://secwatch.observer/filing/0001104659-26-017525.txt

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