secwatch.observer — SEC 8-K summary
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Issuer:     Identiv, Inc. (INVE)
CIK:        0001036044
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0001193125-23-028274
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Identiv amends loan with East West Bank; maturity extended to Feb 2025, new cash management sublimit added
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- Maturity of Nonformula II Facility extended to February 8, 2025.
- Added $125,000 Cash Management Sublimit under the Nonformula II Facility.
- Minimum trailing twelve-month EBITDA set at $2.5M (Q1/Q2 2023) then $3.5M thereafter.
- Facility fee of 0.25% of Nonformula II Line payable annually.
- Borrower represented no existing financing with Citibank; no amounts owed by Securitas AB.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036044/000119312523028274/0001193125-23-028274-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036044/000119312523028274/d455871d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-028274

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