secwatch.observer — SEC 8-K summary
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Issuer:     Urgent.ly Inc. (ULYX)
CIK:        0001603652
Form:       8-K
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0001193125-26-106848
Event type: m_and_a
Sentiment:  positive
Materiality: 0.95
Item codes: 1.01, 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urgently to be acquired by Agero for $5.50/share; Q4 revenue up 4%
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- Agero to buy Urgently at $5.50/share cash; no financing condition; tender offer within 10 business days.
- Q4 revenue $33.3M (+4%), gross profit $8.7M (+23%), gross margin 26% (up 4pp).
- Officers, directors & ~5.12% of stockholders agree to tender shares in support of deal.
- Credit facilities amended: min liquidity to $2M; 2nd Lien maturity to Nov 28, 2026; interest waived if merger closes.
- Termination fee of $3M payable by Company if it accepts a superior proposal under specified conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603652/000119312526106848/0001193125-26-106848-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603652/000119312526106848/d114779d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-106848

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