secwatch.observer — SEC 8-K summary
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Issuer:     Synergy CHC Corp. (SNYR)
CIK:        0001562733
Form:       8-K
Filed at:   2026-08-11T20:36:23+00:00
Accession:  0001213900-26-087826
Event type: debt
Sentiment:  negative
Materiality: 0.80
Item codes: 2.04
LLM model:  deepseek-v4-flash:cloud@v2

Synergy CHC receives default notice on $17.6M term loan; forbearance terminated
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562733/000121390026087826/0001213900-26-087826-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562733/000121390026087826/ea0301649-8k_synergy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-087826

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