secwatch.observer — SEC 8-K summary
======================================

Issuer:     Phreesia, Inc. (PHR)
CIK:        0001412408
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001412408-26-000138
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phreesia subsidiary AccessOne Funding ups receivables facility to $300M, extends to 2029
--------------------------------------------------------------------------------

- Amendment No. 9 increases facility limit from $200M to $300M PNC-led facility.
- Scheduled termination date extended from May 4, 2026 to April 30, 2029.
- Phreesia added as joint and several co-guarantor under amended performance guaranty.
- Concentration limit for lower-rated provider receivables raised from 5% to 15% of aggregate securitization value.
- Proceeds from receivables sales used for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1412408/000141240826000138/0001412408-26-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1412408/000141240826000138/phr-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001412408-26-000138

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer