--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-26-003211" form_type: "8-K" ticker: "MGTE" cik: "0001965052" company_name: "Marblegate Capital Corp" filed_at: "2026-01-06T23:59:59+00:00" generated_at: "2026-05-16T11:34:29.841566+00:00" event_type: "debt" sentiment: "positive" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # Marblegate Capital closes $137M in financings ($120M revolver + $17.2M term loan) for fleet expansion ## Summary - $120M revolving credit facility from DZ Bank, maturing Dec 30, 2030, secured by medallion loans under NYC MRP+ program. - $17.2M vehicle term loan from Auxilior Capital at 8.5% fixed rate, secured by taxi fleet vehicles (no medallions). - MCC acquired TML IV LLC for ~$15.8M as condition precedent to initial draw under the DZ Bank facility. - MCC guarantees obligations with covenants: minimum net worth $100M, debt/equity ≤1.75x, DSCR ≥1.0x from June 2027. - Proceeds to expand Signal Taxi fleet, open two new Taxi Clubhouses, and pursue growth initiatives. ## SEC filing metadata - accession: 0001193125-26-003211 - form_type: 8-K - ticker: MGTE - cik: 0001965052 - company_name: Marblegate Capital Corp - filed_at: 2026-01-06T23:59:59+00:00 - event_type: debt - sentiment: positive - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 1.01, 2.03, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1965052/000119312526003211/0001193125-26-003211-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1965052/000119312526003211/ck0001965052-20251230.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-26-003211 - JSON: https://secwatch.observer/filing/0001193125-26-003211.json - Plain text: https://secwatch.observer/filing/0001193125-26-003211.txt ## Key facts - Debt Financings Marblegate Capital Corp incurred loan of approximately $17.2 million with Auxilior Capital Partners, Inc. at 8.5% per annum. - Instrument: loan - Principal: approximately $17.2 million - Counterparty: Auxilior Capital Partners, Inc. - Rate: 8.5% per annum - Event: incurrence source text: certain wholly owned subsidiaries (the “ Mini-Fleets ”) of DePalma Acquisition II LLC (“ DPA 2 ”) entered into a Loan and Security Agreement (the “ Vehicle Loan Agreement ”) with Auxilior Capital Partners, Inc. (“ Auxilior ”), which provides for loans in the aggregate amount of approximately $17.2 million to finance certain fleets of taxicab vehicles evidence_url: https://www.sec.gov/Archives/edgar/data/1965052/000119312526003211/0001193125-26-003211-index.htm - Debt Financings Marblegate Capital Corp incurred guarantee with Auxilior Capital Partners, Inc.. - Instrument: guarantee - Counterparty: Auxilior Capital Partners, Inc. - Event: incurrence source text: MCC, along with DPA 1, DPA 2 and Septuagint Solutions LLC, executed a Guaranty (the “ Guaranty ”) in favor of Auxilior guaranteeing the obligations under the Vehicle Loan Agreement and associated promissory notes evidence_url: https://www.sec.gov/Archives/edgar/data/1965052/000119312526003211/0001193125-26-003211-index.htm - Debt Financings Marblegate Capital Corp incurred guarantee with the Borrower, the Agent and the Lenders. - Instrument: guarantee - Counterparty: the Borrower, the Agent and the Lenders - Event: incurrence source text: MCC executed a Performance Guaranty dated as of December 30, 2025 (the “ Performance Guaranty ”), in favor of the Borrower, the Agent and the Lenders, pursuant to which MCC unconditionally guaranteed certain obligations of DPA 1 under the Loan Agreement and related transaction documents evidence_url: https://www.sec.gov/Archives/edgar/data/1965052/000119312526003211/0001193125-26-003211-index.htm - Debt Financings Marblegate Capital Corp incurred revolving credit of up to $120,000,000 with DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, New York Branch, as agent at Facility Rate (as defined in the Loan Agreement) that, depending on funding sour maturing December 30, 2030. - Instrument: revolving credit - Principal: up to $120,000,000 - Counterparty: DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, New York Branch, as agent - Rate: Facility Rate (as defined in the Loan Agreement) that, depending on funding sour - Maturity: December 30, 2030 - Event: incurrence source text: subsidiaries of Marblegate Capital Corporation (“ MCC ”) entered into a Receivables Loan and Security Agreement (the “ Loan Agreement ”) by and among DePalma Financing SPV I LLC (the “ Borrower ”), DePalma Acquisition I LLC (“ DPA 1 ”), individually as servicer and as seller, the lenders from time to time party thereto (the “Lenders”), and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, New York Branch, as agent (the “ Agent ”). Under the Loan Agreement, the Lenders agreed to provide a secured revolving loan facility (the “ Facility ”) to the Borrower in an aggregate principal amount of up to $120,000,000, available during a revolving period and maturing December 30, 2030 evidence_url: https://www.sec.gov/Archives/edgar/data/1965052/000119312526003211/0001193125-26-003211-index.htm - Material Agreements Marblegate Capital Corp entered into Membership Interest Purchase Agreement with TML Holding, Inc. and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt Am Main, New York Branch valued at approximately $15.8 million (effective 2025-12-30). - Action: entry - Agreement: asset purchase - Counterparty: TML Holding, Inc. and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt Am Main, New York Branch - Value: approximately $15.8 million - Effective: 2025-12-30 source text: On December 30, 2025, MCC also entered into a Membership Interest Purchase Agreement (the “ MIPA ”) with TML Holding, Inc. (the “ Seller ”) and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt Am Main, New York Branch, pursuant to which MCC purchased 100% of the membership interests in TML IV LLC (“ TML IV ”) for a purchase price of approximately $15.8 million. evidence_url: https://www.sec.gov/Archives/edgar/data/1965052/000119312526003211/0001193125-26-003211-index.htm - Material Agreements Marblegate Capital Corp entered into Receivables Loan and Security Agreement with the lenders from time to time party thereto, and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, New York Branch, as agent valued at $120,000,000 (effective 2025-12-30). - Action: entry - Agreement: credit facility - Counterparty: the lenders from time to time party thereto, and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, New York Branch, as agent - Value: $120,000,000 - Effective: 2025-12-30 source text: On December 30, 2025, subsidiaries of Marblegate Capital Corporation (“ MCC ”) entered into a Receivables Loan and Security Agreement (the “ Loan Agreement ”) by and among DePalma Financing SPV I LLC (the “ Borrower ”), DePalma Acquisition I LLC (“ DPA 1 ”), individually as servicer and as seller, the lenders from time to time party thereto (the “Lenders”), and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, New York Branch, as agent (the “ Agent ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1965052/000119312526003211/0001193125-26-003211-index.htm - Material Agreements Marblegate Capital Corp entered into Loan and Security Agreement with Auxilior Capital Partners, Inc. valued at approximately $17.2 million (effective 2025-12-31). - Action: entry - Agreement: credit facility - Counterparty: Auxilior Capital Partners, Inc. - Value: approximately $17.2 million - Effective: 2025-12-31 source text: On December 31, 2025, certain wholly owned subsidiaries (the “ Mini-Fleets ”) of DePalma Acquisition II LLC (“ DPA 2 ”) entered into a Loan and Security Agreement (the “ Vehicle Loan Agreement ”) with Auxilior Capital Partners, Inc. (“ Auxilior ”), which provides for loans in the aggregate amount of approximately $17.2 million to finance certain fleets of taxicab vehicles. evidence_url: https://www.sec.gov/Archives/edgar/data/1965052/000119312526003211/0001193125-26-003211-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.