---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-048203"
form_type: "8-K"
ticker: "SBIG"
cik: "0001801602"
company_name: "SpringBig Holdings, Inc."
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T03:02:18.907477+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SpringBig receives default notice on $9.8M notes; disputes three claimed events of default

## Summary
- Outstanding $1.6M 2024 Secured Term Notes and $8.2M 2024 Secured Convertible Notes as of Apr 27, 2026.
- Notice alleges minimum cash covenant breach for Jan 2026; company says complied in Feb and March.
- Company disputes claims of failure to consult and false litigation representations from over a year ago.
- Noteholders have not accelerated or foreclosed; company has no assurance they won't.
- Notice received April 21, 2026; company engaged with lead noteholders Shalcor and Lightbank.

## SEC filing metadata
- accession: 0001213900-26-048203
- form_type: 8-K
- ticker: SBIG
- cik: 0001801602
- company_name: SpringBig Holdings, Inc.
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- confidence: high
- sec_items: 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801602/000121390026048203/0001213900-26-048203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801602/000121390026048203/ea0287909-8k_springbig.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-048203
- JSON: https://secwatch.observer/filing/0001213900-26-048203.json
- Plain text: https://secwatch.observer/filing/0001213900-26-048203.txt

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