secwatch.observer — SEC 8-K summary
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Issuer:     Doma Holdings, Inc. (—)
CIK:        0001722438
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001437749-24-014381
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Doma subsidiary States Title secures $22.5M senior secured term loan facility
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- States Title enters $22.5M senior secured delayed draw term loan; two tranches: $12.5M (Tranche A) and $10M (Tranche B).
- Interest: Term SOFR (1.0% floor) + 9% p.a., payable in kind; undrawn fee 5% p.a., upfront fee 3%.
- Each tranche matures three years after draw; facility secured by first-priority lien on substantially all assets.
- Sixth Amendment to subordinated loan with HSCM executed concurrently to align with intercreditor agreement.
- Proceeds used for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722438/000143774924014381/0001437749-24-014381-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722438/000143774924014381/doma20240415_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-014381

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