---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-028356"
form_type: "8-K/A"
ticker: "DNOW"
cik: "0001599617"
company_name: "DNOW Inc."
filed_at: "2022-02-04T23:59:59+00:00"
generated_at: "2026-06-27T11:04:54.881418+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# NOW Inc. amends credit facility; lowers cash dominion trigger, updates collateral terms

## Summary
- First Amendment dated Dec 14, 2021 reduces Cash Dominion Event trigger to greater of 10% of Line Cap or $40M.
- Post-close covenants require delivery of insurance endorsements, title insurance, and Canadian IP security agreements.
- Departing Lenders' commitments repaid and cancelled; Commitments reallocated among remaining Lenders.
- Loan parties reaffirm guarantees and security interests; release Agent and Lenders from pre-existing claims.
- Schedules for commitment amounts, borrowing base, and eligible accounts amended.

## SEC filing metadata
- accession: 0001193125-22-028356
- form_type: 8-K/A
- ticker: DNOW
- cik: 0001599617
- company_name: DNOW Inc.
- filed_at: 2022-02-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599617/000119312522028356/0001193125-22-028356-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599617/000119312522028356/d102637d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-028356
- JSON: https://secwatch.observer/filing/0001193125-22-028356.json
- Plain text: https://secwatch.observer/filing/0001193125-22-028356.txt

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