---
schema_version: "secwatch.filing_event.v1"
accession: "0001410384-24-000159"
form_type: "8-K"
ticker: "QTWO"
cik: "0001410384"
company_name: "Q2 Holdings, Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:19:27.680223+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Q2 Holdings enters $125M secured revolving credit agreement with Wells Fargo/Texas Capital Bank

## Summary
- Five-year revolving line of $125M, with sublimits of $20M swingline and $10M letters of credit.
- No amounts drawn as of July 31, 2024; subsidiary Q2 Software guarantees obligations with first-priority security interest.
- Interest rates based on Base Rate or Adjusted Term SOFR plus applicable margin of 0.75%-1.50% and 1.75%-2.50% respectively.
- Financial covenants apply only if liquidity falls below specified levels; customary events of default and representations.

## SEC filing metadata
- accession: 0001410384-24-000159
- form_type: 8-K
- ticker: QTWO
- cik: 0001410384
- company_name: Q2 Holdings, Inc.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410384/000141038424000159/0001410384-24-000159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410384/000141038424000159/qtwo-20240729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001410384-24-000159
- JSON: https://secwatch.observer/filing/0001410384-24-000159.json
- Plain text: https://secwatch.observer/filing/0001410384-24-000159.txt

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