secwatch.observer — SEC 8-K summary
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Issuer:     CREATIVE REALITIES, INC. (CREX)
CIK:        0001356093
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001437749-23-003464
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Creative Realities extends $2.5M note maturity by one year, settles working capital claim from Reflect merger
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- Balloon payment of $1.25M eliminated; note maturity extended from Feb 17, 2023 to Feb 17, 2024.
- Monthly principal payments of $104,166.67 continue; interest rate rises from 0.59% to 4.60%.
- Merger consideration reduced by $241,817.43 Claim Amount; $241,817 employer retention credit pending.
- $250,000 escrow released to Stockholders' Representative.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1356093/000143774923003464/0001437749-23-003464-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1356093/000143774923003464/crex20230214_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-003464

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