---
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"
generated_at: "2026-05-15T08:59:42.329032+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Synergy CHC amends credit agreement, adds EBITDA covenant, issues 3M-share warrant at $0.00001

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-034072
- JSON: https://secwatch.observer/filing/0001213900-26-034072.json
- Plain text: https://secwatch.observer/filing/0001213900-26-034072.txt

## Key facts
- Material Agreements
  Synergy CHC Corp. amended Second Amendment with ACP Agency, LLC (effective 2026-03-24).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: ACP Agency, LLC
  - Effective: 2026-03-24
  source text: On March 24, 2026, Synergy CHC Corp. (the “Company”) entered into a second amendment (the “Second Amendment”) to its term loan credit agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1562733/000121390026034072/0001213900-26-034072-index.htm

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