secwatch.observer — SEC 8-K summary
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Issuer:     CREATIVE REALITIES, INC. (CREX)
CIK:        0001356093
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001213900-22-006040
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Creative Realities amends merger terms: cash consideration cut to $16.2M, issues $2.5M note
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- Closing expected Feb 15, 2022; outside date extended to Feb 17, 2022.
- Cash consideration reduced from $18,666,667 to $16,166,667; $2.5M promissory note issued instead of escrow.
- Promissory note at 0.58% APR, monthly principal of $104,166.67 beginning March 15, 2022, due Feb 15, 2023.
- Parent to reimburse Reflect up to $20,000 for transaction expenses related to the amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1356093/000121390022006040/0001213900-22-006040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1356093/000121390022006040/ea155158-8k_creativereal.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-006040

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