---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-018045"
form_type: "8-K"
ticker: "NRC"
cik: "0000070487"
company_name: "NRC HEALTH"
filed_at: "2023-06-22T23:59:59+00:00"
generated_at: "2026-06-13T19:29:20.877112+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# NRC amends credit agreement to exclude HQ renovation capex from covenant, cap $25M

## Summary
- Second Amendment to Credit Agreement with First National Bank of Omaha dated June 16, 2023.
- Revises Consolidated Fixed Charge Coverage Ratio to exclude unfinanced capex for HQ renovation.
- Limits total HQ renovation capital expenditures to $25M from January 1, 2023, onward.

## SEC filing metadata
- accession: 0001437749-23-018045
- form_type: 8-K
- ticker: NRC
- cik: 0000070487
- company_name: NRC HEALTH
- filed_at: 2023-06-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70487/000143774923018045/0001437749-23-018045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70487/000143774923018045/nrc20230619_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-018045
- JSON: https://secwatch.observer/filing/0001437749-23-018045.json
- Plain text: https://secwatch.observer/filing/0001437749-23-018045.txt

## Key facts
- Material Agreements
  NRC HEALTH amended Second Amendment to Amended and Restated Credit Agreement with First National Bank of Omaha valued at not to exceed $25,000,000 (effective 2023-06-16).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: First National Bank of Omaha
  - Value: not to exceed $25,000,000
  - Effective: 2023-06-16
  source text: On June 16, 2023, National Research Corporation, a Delaware corporation (the “Company”), entered into a Second Amendment to Amended and Restated Credit Agreement (the “Second Amendment”) with First National Bank of Omaha, a national banking association (“FNB”), that amends the terms of that certain Amended and Restated Credit Agreement, dated May 28, 2020, by and among the Company and FNB, as amended (the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/70487/000143774923018045/0001437749-23-018045-index.htm

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