secwatch.observer — SEC 8-K summary
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Issuer:     FLYEXCLUSIVE INC. (FLYX)
CIK:        0001843973
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001193125-26-057007
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

flyExclusive amends senior secured note: maturity to 2028, quarterly payments of $2.4M
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- Maturity extended from Jan 26, 2026 to Jan 26, 2028.
- Interest rate: 15% p.a. if outstanding >=$12.5M, otherwise 13% p.a.
- Revolving advance eliminated; first quarterly principal payment of $2.4M due June 30, 2026.
- Outstanding principal reset to $24,274,179.77; $26,542 in reimbursable expenses added.
- Non-refundable back end fee of $386,697.94 payable at maturity or acceleration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843973/000119312526057007/0001193125-26-057007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843973/000119312526057007/flyx-20260216.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-057007

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