{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-034072","form_type":"8-K","ticker":"SNYR","cik":"0001562733","company_name":"Synergy CHC Corp.","filed_at":"2026-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.445233+00:00","generated_at":"2026-05-15T08:59:42.329032+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Synergy CHC amends credit agreement, adds EBITDA covenant, issues 3M-share warrant at $0.00001","bullets":["Amortization revised: $175k quarterly payments in Q3/Q4 2026, $525k Jan 2027, then $350k quarterly.","Interest step-up: if less than $10M equity raised by Sep 30, 2026, Applicable Margin increases 2% from Oct 1, 2026.","New EBITDA covenant: min $500k Q2 2026, $1M Q3 2026; max senior net leverage 20:1 for Dec 2025.","Issued 3M-share warrant to lender at $0.00001/sh, exercisable only upon qualified default; 19.9% limit until approval.","Mandatory prepayment: first $6M equity proceeds retained, next $4M apply to term loan, excess above $10M subject to prepayment."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-034072","json":"https://secwatch.observer/filing/0001213900-26-034072.json","markdown":"https://secwatch.observer/filing/0001213900-26-034072.md","text":"https://secwatch.observer/filing/0001213900-26-034072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1562733/000121390026034072/0001213900-26-034072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1562733/000121390026034072/ea0283223-8k_synergy.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:59:42.329032+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d0a09a94c25c2274d66808df81e16668989b8d0a","claim":"Synergy CHC Corp. amended Second Amendment with ACP Agency, LLC (effective 2026-03-24).","evidence_excerpt":"On March 24, 2026, Synergy CHC Corp. (the “Company”) entered into a second amendment (the “Second Amendment”) to its term loan credit agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1562733/000121390026034072/0001213900-26-034072-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"ACP Agency, LLC"},{"label":"Effective","value":"2026-03-24"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}