---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-050984"
form_type: "8-K"
ticker: "SNYR"
cik: "0001562733"
company_name: "Synergy CHC Corp."
filed_at: "2025-06-04T23:59:59+00:00"
generated_at: "2026-05-19T23:54:46.391501+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Synergy CHC secures $20M credit facility (SOFR+8.5%) due May 2029

## Summary
- Term loan of $15M at closing, plus $2.5M delayed draw and $2.5M uncommitted incremental facility.
- Interest rate: Term SOFR + 8.5%; interest-only through 2025, then quarterly principal payments starting Jan 2026.
- Proceeds used to repay existing debt, pay fees, provide working capital, and fully repay settlement-related debt.
- Covenants include max senior net leverage ratio (starting 3.25x) and fixed charge coverage ratio of 1.20x.
- Credit agreement includes customary representations, warranties, and events of default; secured by all assets.

## SEC filing metadata
- accession: 0001213900-25-050984
- form_type: 8-K
- ticker: SNYR
- cik: 0001562733
- company_name: Synergy CHC Corp.
- filed_at: 2025-06-04T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562733/000121390025050984/0001213900-25-050984-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562733/000121390025050984/ea0244642-8k_synergy.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-050984
- JSON: https://secwatch.observer/filing/0001213900-25-050984.json
- Plain text: https://secwatch.observer/filing/0001213900-25-050984.txt

## Key facts
- Debt Financings
  Synergy CHC Corp. incurred term loan of $15.0 million with ACP Agency, LLC at Term SOFR rate plus 8.50%.
  - Instrument: term loan
  - Principal: $15.0 million
  - Counterparty: ACP Agency, LLC
  - Rate: Term SOFR rate plus 8.50%
  - Event: incurrence
  source text: On May 30, 2025, Synergy CHC Corp. (the “Company”) entered into a term loan credit agreement (the “Credit Agreement”) with ACP Agency, LLC (“ACP”). The Credit Agreement consists of a $15.0 million term loan (the “Term Loan”), up to $2.5 million in a committed delayed draw facility (the “Delayed Draw Facility”), and up to $2.5 million in an uncommitted term loan incremental facility (the “Incremental Facility”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1562733/000121390025050984/0001213900-25-050984-index.htm

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