Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
KALTURA INC incurred term loan of $3,500,000 with Silicon Valley Bank, a division of First-Citizens Bank & Trust maturing December 21, 2026.
- Instrument
- term loan
- Principal
- $3,500,000
- Counterparty
- Silicon Valley Bank, a division of First-Citizens Bank & Trust
- Maturity
- December 21, 2026
- Event
- incurrence
Exact text from the filing
the Fifth Amendment (i) provided the Company with an incremental term loan in the aggregate amount of $3,500,000
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
KALTURA INC amended credit facility with Silicon Valley Bank, a division of First-Citizens Bank & Trust at SOFR Loans (as defined in the Credit Agreement) to 2.50% per annum and the inter maturing December 21, 2026.
- Instrument
- credit facility
- Counterparty
- Silicon Valley Bank, a division of First-Citizens Bank & Trust
- Rate
- SOFR Loans (as defined in the Credit Agreement) to 2.50% per annum and the inter
- Maturity
- December 21, 2026
- Event
- amendment
Exact text from the filing
the Fifth Amendment (i) provided the Company with an incremental term loan in the aggregate amount of $3,500,000, (ii) extended the maturity date of the Company’s revolving and term loan facilities until December 21, 2026, (iii) reduced the interest rate applicable margin to any SOFR Loans (as defined in the Credit Agreement) to 2.50% per annum and the interest rate applicable margin to any ABR Loans (as defined in the Credit Agreement) to 1.50% per annum
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
KALTURA INC amended Fifth Amendment with Silicon Valley Bank, a division of First-Citizens Bank & Trust, as Administrative Agent, Issuing Lender and Swingline Lender valued at $3,500,000 (effective 2023-12-21).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Silicon Valley Bank, a division of First-Citizens Bank & Trust, as Administrative Agent, Issuing Lender and Swingline Lender
- Value
- $3,500,000
- Effective
- 2023-12-21
Exact text from the filing
On December 21, 2023, Kaltura, Inc. (the “Company”) entered into the Fifth Amendment to Credit Agreement dated as of December 21, 2023 (the “Fifth Amendment”), by and among the Company, the subsidiaries of the Company party thereto, the several banks and other financial institutions or entities party thereto, and Silicon Valley Bank, a division of First-Citizens Bank & Trust (“SVB”), as the Administrative Agent, the Issuing Lender and the Swingline Lender
View on SEC.gov