debt
confidence high
sentiment negative
materiality 0.80
Synergy CHC receives default notice on $17.6M term loan; forbearance terminated
Synergy CHC Corp.
- Received default notice from ACP Agency on Aug 11, 2026 for missed interest payment due Aug 3; cure period expired Aug 6.
- Forbearance period terminated; $404,173.06 forbearance fee now due and payable.
- Approximately $17.6M principal outstanding under Credit Agreement; ACP may accelerate and charge post-default interest.
- No remediation plan disclosed; company faces potential acceleration of entire loan.
Featured in Daily 8-K Digest
Selected #9 for 2026-08-11.
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