secwatch.observer — SEC 8-K summary
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Issuer:     CalAmp Corp. (—)
CIK:        0000730255
Form:       8-K
Filed at:   2024-07-17T23:59:59+00:00
Accession:  0001193125-24-180486
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CalAmp's Chapter 11 plan confirmed; existing equity canceled, company to go private
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- Bankruptcy Court confirmed prepackaged Chapter 11 plan on July 11, 2024.
- All 1,722,463 shares of common stock canceled; holders receive no distribution.
- Lynrock Lake Master Fund LP receives 100% of new equity in reorganized CalAmp.
- Amended credit agreement has 7-year maturity, interest at SOFR plus 6.75%.
- Company will become privately held; existing officers remain in place.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730255/000119312524180486/0001193125-24-180486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730255/000119312524180486/d828287d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-180486

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