---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-069384"
form_type: "8-K"
ticker: "DTGI"
cik: "0001014052"
company_name: "Digerati Technologies, Inc."
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T05:56:52.592942+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digerati Technologies capitalizes ~$1.9M unpaid interest; extends Term Loan C maturity to Nov 2023

## Summary
- Capitalized all accrued cash interest (~$1.86M) and amendment fee ($59k) into principal; outstanding ~$36.9M.
- All interest accruing after Aug 4, 2023 will be paid in kind (PIK) instead of cash until maturity.
- Maturity of Term Loan C extended 90 days from Aug 4 to Nov 2, 2023.
- Event of default for non-payment of the capitalized interest waived solely for that amount.
- Post Road charged a one-time non-refundable amendment fee of $59,082.47, also capitalized.

## SEC filing metadata
- accession: 0001213900-23-069384
- form_type: 8-K
- ticker: DTGI
- cik: 0001014052
- company_name: Digerati Technologies, Inc.
- filed_at: 2023-08-21T23:59:59+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/1014052/000121390023069384/0001213900-23-069384-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014052/000121390023069384/ea183921-8k_digeratitech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-069384
- JSON: https://secwatch.observer/filing/0001213900-23-069384.json
- Plain text: https://secwatch.observer/filing/0001213900-23-069384.txt

## Key facts
- Material Agreements
  Digerati Technologies, Inc. amended Letter Amendment to Credit Agreement with Post Road Administrative LLC and Post Road Special Opportunity Fund II LP valued at Outstanding principal balance of approximately $36,937,372.42 (effective 2023-08-04).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Post Road Administrative LLC and Post Road Special Opportunity Fund II LP
  - Value: Outstanding principal balance of approximately $36,937,372.42
  - Effective: 2023-08-04
  source text: On August 16, 2023, the Company, the Verve Cloud Nevada Parties, and Post Road entered into the Letter Agreement to the Credit Agreement (the “Letter Agreement”), with an effective date of August 4, 2023 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014052/000121390023069384/0001213900-23-069384-index.htm

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