---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-015473"
form_type: "8-K"
ticker: "CREX"
cik: "0001356093"
company_name: "CREATIVE REALITIES, INC."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:15:00.212035+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Creative Realities to refinance with $20M revolver from First Merchants, pay off existing debt

## Summary
- Non-binding commitment letter for $20M senior secured revolver with $5M accordion from First Merchants.
- Initial draw ~$14.5M to pay off all existing indebtedness and closing costs.
- No prepayment penalties; eliminates fixed amortization payments for growth flexibility.
- Closing expected on or after May 17, 2024, subject to due diligence and definitive documentation.
- CEO says facility reduces interest expense, de-levers balance sheet, and positions for growth.

## SEC filing metadata
- accession: 0001437749-24-015473
- form_type: 8-K
- ticker: CREX
- cik: 0001356093
- company_name: CREATIVE REALITIES, INC.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1356093/000143774924015473/0001437749-24-015473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1356093/000143774924015473/crex20240508_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-015473
- JSON: https://secwatch.observer/filing/0001437749-24-015473.json
- Plain text: https://secwatch.observer/filing/0001437749-24-015473.txt

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