---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-065559"
form_type: "8-K"
ticker: "DTGI"
cik: "0001014052"
company_name: "Digerati Technologies, Inc."
filed_at: "2022-10-21T23:59:59+00:00"
generated_at: "2026-06-23T01:49:28.936637+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digerati extends forbearance with Post Road through Nov 15, 2022 as defaults continue

## Summary
- Forbearance period extended to Nov 15, 2022, covering existing and anticipated defaults.
- Defaults include failure to maintain Senior Leverage Ratio of 4.06:1 and Min Liquidity of $2.0M for July 31 quarter.
- Outstanding principal as of Oct 3, 2022: Term Loan A $22.8M, Term Loan C $10.2M.
- Loan Parties reaffirm no defenses, no offset, and grant continuing security interest in all collateral.
- Anticipated defaults for Oct 31 quarter include similar covenant failures (Leverage <4.05:1, Liquidity <$2.0M).

## SEC filing metadata
- accession: 0001213900-22-065559
- form_type: 8-K
- ticker: DTGI
- cik: 0001014052
- company_name: Digerati Technologies, Inc.
- filed_at: 2022-10-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014052/000121390022065559/0001213900-22-065559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014052/000121390022065559/ea167414-8k_digeratitech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-065559
- JSON: https://secwatch.observer/filing/0001213900-22-065559.json
- Plain text: https://secwatch.observer/filing/0001213900-22-065559.txt

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