{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-337988","form_type":"8-K","ticker":"BODI","cik":"0001826889","company_name":"Beachbody Company, Inc.","filed_at":"2026-08-06T20:09:23+00:00","discovered_at":"2026-08-06T20:11:31.330108+00:00","generated_at":"2026-08-06T20:12:17.684652+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BODi amends credit facility with Tiger Finance; lowers cash covenant threshold, eliminates billings coverage ratio","bullets":["Minimum cash threshold for covenant testing reduced from ~$29.6M to $22.5M; billings fixed charge coverage ratio eliminated.","Interest rate increased to SOFR + 9.00% (step-down removed); previously SOFR + 7.75% after step-down.","Minimum liquidity increased from $15M to $18M, stepping down monthly from March 2027 to $16M.","Minimum digital subscriptions covenant reduced to 650k through Dec 2026, then 550k; only tested if cash below $22.5M.","Cash position $36.6M vs debt $23.6M as of March 31, 2026; company cites strengthened balance sheet."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-337988","json":"https://secwatch.observer/filing/0001193125-26-337988.json","markdown":"https://secwatch.observer/filing/0001193125-26-337988.md","text":"https://secwatch.observer/filing/0001193125-26-337988.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1826889/000119312526337988/0001193125-26-337988-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1826889/000119312526337988/body-20260803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-06T20:12:17.684652+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}