secwatch.observer — SEC 8-K summary
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Issuer:     EverCommerce Inc. (EVCM)
CIK:        0001853145
Form:       8-K
Filed at:   2021-07-09T23:59:59+00:00
Accession:  0001140361-21-023912
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EverCommerce closes IPO of 19.1M shares at $17; enters $540M credit facility
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- IPO of 19,117,648 shares at $17.00 per share, closed July 6, 2021.
- New $540M credit facility: $350M term loans (mature 2028) and $190M revolver (mature 2026).
- Proceeds from IPO and new debt used to repay existing credit agreement.
- Entered into Sponsor and Management Stockholders Agreements with PSG, Silver Lake, and CEO Eric Remer.
- Amended and restated certificate of incorporation and bylaws effective upon IPO closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853145/000114036121023912/0001140361-21-023912-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853145/000114036121023912/nt10022251x16_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-023912

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer