secwatch.observer — SEC 8-K summary
======================================

Issuer:     Firefly Aerospace Inc. (FLY)
CIK:        0001860160
Form:       8-K
Filed at:   2026-04-03T23:59:59+00:00
Accession:  0001193125-26-142298
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Firefly Aerospace ups revolver by $45M to $305M; removes cash flow covenant
---------------------------------------------------------------------------

- Revolving credit facility increased by $45M to $305M; interest spread raised by 0.25% to 3.25% over SOFR.
- Minimum free cash flow maintenance covenant removed; minimum liquidity covenant set at $381.25M.
- Director Marc Weiser resigned effective April 2, 2026; resignation not due to any disagreement.
- 2026 Annual Meeting set for June 4; stockholder proposals due April 13, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860160/000119312526142298/0001193125-26-142298-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860160/000119312526142298/d118914d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-142298

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