---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-111173"
form_type: "8-K"
ticker: "INVE"
cik: "0001036044"
company_name: "Identiv, Inc."
filed_at: "2022-04-20T23:59:59+00:00"
generated_at: "2026-06-26T06:03:02.812173+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Identiv replaces $20M revolving credit facility with non-formula loan; lowers interest rate, adjusts covenants.

## Summary
- Old $20M borrowing-base revolving facility terminated; new $20M non-formula revolving facility established with no borrowing base.
- Interest rate lowered from prime to prime minus 0.25% for Nonformula II Advances.
- Financial covenants amended: minimum trailing 12-month EBITDA of $1.2M and minimum current ratio of 1.75:1, measured quarterly.
- No advances outstanding under prior facility; $50k facility fee paid to East West Bank.
- Covenant minimum unrestricted cash at Bank of $5M added to Compliance Certificate.

## SEC filing metadata
- accession: 0001193125-22-111173
- form_type: 8-K
- ticker: INVE
- cik: 0001036044
- company_name: Identiv, Inc.
- filed_at: 2022-04-20T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1036044/000119312522111173/0001193125-22-111173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1036044/000119312522111173/d348935d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-111173
- JSON: https://secwatch.observer/filing/0001193125-22-111173.json
- Plain text: https://secwatch.observer/filing/0001193125-22-111173.txt

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