---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-018388"
form_type: "8-K"
ticker: "CREX"
cik: "0001356093"
company_name: "CREATIVE REALITIES, INC."
filed_at: "2024-05-28T23:59:59+00:00"
generated_at: "2026-06-01T07:55:49.354281+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Creative Realities closes $22.1M revolver with First Merchants, repays prior debt

## Summary
- $22.1M senior secured revolving credit facility with $5M accordion feature; matures May 23, 2027.
- Borrowed $13.9M at close to repay $13.6M owed to Slipstream Communications plus fees.
- Interest rate: 1-month Term SOFR + 0.11% + margin of 2.00%-3.50% based on leverage ratio.
- CEO says no prepayment penalties or fixed amortization, providing flexibility to support growth.
- Facility secured by all assets of Borrowers and guaranteed by Creative Realities Canada, Inc.

## SEC filing metadata
- accession: 0001437749-24-018388
- form_type: 8-K
- ticker: CREX
- cik: 0001356093
- company_name: CREATIVE REALITIES, INC.
- filed_at: 2024-05-28T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1356093/000143774924018388/0001437749-24-018388-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1356093/000143774924018388/crex20240524_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-018388
- JSON: https://secwatch.observer/filing/0001437749-24-018388.json
- Plain text: https://secwatch.observer/filing/0001437749-24-018388.txt

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