Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Bitcoin Depot Inc. incurred term loan of $15,700,000 with the Lenders at 17.0% per annum maturing June 23, 2026.
- Instrument
- term loan
- Principal
- $15,700,000
- Counterparty
- the Lenders
- Rate
- 17.0% per annum
- Maturity
- June 23, 2026
- Event
- incurrence
Exact text from the filing
Amendment No. 1 to the Amended and Restated Credit Agreement On March 26, 2024, Bitcoin Depot Operating LLC, a Delaware limited liability company (“BT OpCo”) and BT HoldCo LLC, a Delaware limited liability company (“BT HoldCo”) entered into that certain Amendment No. 1 (the “Amendment”) to the Amended and Restated Credit Agreement, dated June 23, 2023 (the “Credit Agreement”) with the Lenders (as defined in the Credit Agreement). The Amendment, among other things, provides for an additional Tranche B Term Loan (the “Tranche B Term Loan”) to BT OpCo in an aggregate principal amount of $15,700,000. Pursuant to the Amendment, BT OpCo borrowed the Tranche B Term Loan on the same terms as the existing term loan under the Credit Agreement, with a Maturity Date of June 23, 2026 (the “Maturity Date”) and interest bearing at a rate of 17.0% per annum.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Bitcoin Depot Inc. amended Amendment No. 1 valued at $15,700,000 (effective 2024-03-26).
- Action
- amendment
- Agreement
- credit facility
- Value
- $15,700,000
- Effective
- 2024-03-26
Exact text from the filing
On March 26, 2024, Bitcoin Depot Operating LLC, a Delaware limited liability company (“BT OpCo”) and BT HoldCo LLC, a Delaware limited liability company (“BT HoldCo”) entered into that certain Amendment No. 1 (the “Amendment”) to the Amended and Restated Credit Agreement, dated June 23, 2023 (the “Credit Agreement”) with the Lenders (as defined in the Credit Agreement).
View on SEC.gov