---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-106656"
form_type: "8-K"
ticker: "FTCI"
cik: "0001828161"
company_name: "FTC Solar, Inc."
filed_at: "2026-10-05T12:05:34+00:00"
generated_at: "2026-10-12T14:45:15.850143+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# FTC Solar defers $5M repayment to March 2027, waives Q3/Q4 2026 credit covenants

## Summary
- Third Amendment to July 2, 2025 credit agreement defers a $5,000,000 ECF repayment from September 30, 2026 to March 31, 2027.
- No financial covenants apply to Q3 or Q4 2026; minimum unrestricted cash of $15,000,000 is tested starting January 4, 2027.
- Revenue covenant: LQ revenue of at least $60,000,000 for the quarter ending March 31, 2027, rising to $75,000,000 for each quarter thereafter.
- EBITDA covenant: at least $2,000,000 for Q1 2027, then $25,000,000 for the 12 months ending December 31, 2027 and each fiscal year end after.
- Direct tracker margin thresholds begin with the quarter ending March 31, 2027; the minimum Purchase Order Amount covenant is unchanged and applies that quarter.

## SEC filing metadata
- accession: 0001213900-26-106656
- form_type: 8-K
- ticker: FTCI
- cik: 0001828161
- company_name: FTC Solar, Inc.
- filed_at: 2026-10-05T12:05:34+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828161/000121390026106656/0001213900-26-106656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828161/000121390026106656/ea0307642-8k_ftcsolar.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-106656
- JSON: https://secwatch.observer/filing/0001213900-26-106656.json
- Plain text: https://secwatch.observer/filing/0001213900-26-106656.txt

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