---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-067306"
form_type: "8-K"
ticker: "DTGI"
cik: "0001014052"
company_name: "Digerati Technologies, Inc."
filed_at: "2021-12-23T23:59:59+00:00"
generated_at: "2026-06-27T22:28:39.545003+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Digerati amends credit pact with Post Road; deletes Term Loan B, adds 3% exit fee

## Summary
- Amendment deletes Term Loan B and recapitalizes it; replaces Term Loan A Note with Amended & Restated Note.
- Prepayment order changed: fees, accrued interest, premium, then principal; added 3% exit fee on prepaid principal.
- One-time cash interest payment of $80,402.41 on Term Loan A and $26,273.03 on Term Loan B made at closing.
- Delayed Draw Loan proceeds to fund telecom asset acquisition expected to close in weeks; also for working capital.
- New covenant requires T3 Nevada to keep minimum $1.5M cash on hand at end of each fiscal quarter.

## SEC filing metadata
- accession: 0001213900-21-067306
- form_type: 8-K
- ticker: DTGI
- cik: 0001014052
- company_name: Digerati Technologies, Inc.
- filed_at: 2021-12-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014052/000121390021067306/0001213900-21-067306-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014052/000121390021067306/ea152973-8k_digeratitech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-067306
- JSON: https://secwatch.observer/filing/0001213900-21-067306.json
- Plain text: https://secwatch.observer/filing/0001213900-21-067306.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.