---
schema_version: "secwatch.filing_event.v1"
accession: "0001124796-24-000116"
form_type: "8-K"
ticker: "LASR"
cik: "0001124796"
company_name: "NLIGHT, INC."
filed_at: "2024-09-27T23:59:59+00:00"
generated_at: "2026-05-31T01:04:26.665402+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# nLIGHT amends credit agreement with Banc of California; extends maturity to Sept 2027, adds $50M cash covenant

## Summary
- Maturity extended three years to Sept 24, 2027; interest rate now Prime Rate minus 1.00% if total cash ≥ $100M.
- New minimum Total Cash covenant of $50M; prior EBITDA/capex covenant suspended after Q3 2024.
- nLIGHT DEFENSE Systems to become co-borrower within 120 days; intercompany investment limit raised to $10M.
- Limited waivers granted for missing 2023 and 2024 board-approved budget submissions.
- No revolving loans outstanding as of Sept 27, 2024.

## SEC filing metadata
- accession: 0001124796-24-000116
- form_type: 8-K
- ticker: LASR
- cik: 0001124796
- company_name: NLIGHT, INC.
- filed_at: 2024-09-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1124796/000112479624000116/0001124796-24-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1124796/000112479624000116/lasr-20240925.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001124796-24-000116
- JSON: https://secwatch.observer/filing/0001124796-24-000116.json
- Plain text: https://secwatch.observer/filing/0001124796-24-000116.txt

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