---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-021569"
form_type: "8-K"
ticker: "CXM"
cik: "0001569345"
company_name: "Sprinklr, Inc."
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:45:13.032979+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Sprinklr amends credit facility: $50M revolver, maturity extended to Jan 2026

## Summary
- Borrowing capacity increased to $50M revolver, including $15M letter of credit sublimit.
- Maturity date extended to January 31, 2026; borrowing base eliminated.
- Interest rate set at ABR plus 0.0% with a 5.50% floor; unused line fee 0.25% per annum.
- New financial covenant: minimum adjusted quick ratio of 1.25 to 1.00, tested monthly.
- Amendment with Silicon Valley Bank as administrative agent and lender.

## SEC filing metadata
- accession: 0001193125-23-021569
- form_type: 8-K
- ticker: CXM
- cik: 0001569345
- company_name: Sprinklr, Inc.
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1569345/000119312523021569/0001193125-23-021569-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1569345/000119312523021569/d417816d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-021569
- JSON: https://secwatch.observer/filing/0001193125-23-021569.json
- Plain text: https://secwatch.observer/filing/0001193125-23-021569.txt

## Key facts
- Material Agreements
  Sprinklr, Inc. amended Twelfth Amendment to Credit Agreement with Silicon Valley Bank, as administrative agent, and the lenders party thereto valued at $50.0 million (effective 2023-01-31).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Silicon Valley Bank, as administrative agent, and the lenders party thereto
  - Value: $50.0 million
  - Effective: 2023-01-31
  source text: On January 31, 2023, Sprinklr, Inc. (the “ Company ”) entered into the Twelfth Amendment to Credit Agreement (the “ Credit Agreement Amendment ”), by and among the Company, Silicon Valley Bank, as administrative agent (“ SVB ”), and the lenders party thereto (the “ Lenders ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1569345/000119312523021569/0001193125-23-021569-index.htm

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