---
schema_version: "secwatch.filing_event.v1"
accession: "0001223389-24-000035"
form_type: "8-K"
ticker: null
cik: "0001223389"
company_name: "CONNS INC"
filed_at: "2024-05-31T23:59:59+00:00"
generated_at: "2026-06-01T07:05:06.017717+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Conn's borrows $25M under term loan, will issue warrants for 1.79M shares at $2.794

## Summary
- Borrowed $25M under existing Term Loan Agreement with Stephens Investments on May 24, 2024.
- Will issue warrants for 1,789,549 common shares at $2.794/share, subject to 19.99% ownership cap.
- Warrant coverage equals 20% of principal; issuance limited to avoid triggering beneficial ownership limit.
- Annual meeting results: all 9 director nominees elected; Ernst & Young ratified; say-on-pay approved.

## SEC filing metadata
- accession: 0001223389-24-000035
- form_type: 8-K
- cik: 0001223389
- company_name: CONNS INC
- filed_at: 2024-05-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 8.01, 5.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1223389/000122338924000035/0001223389-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1223389/000122338924000035/conn-20240524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001223389-24-000035
- JSON: https://secwatch.observer/filing/0001223389-24-000035.json
- Plain text: https://secwatch.observer/filing/0001223389-24-000035.txt

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