Fluent must raise at least $5M by March 20 under amended credit deal; Dec 2024 covenant breach waived

Fluent, Inc.

Fourth Amendment on March 10 requires at least $5M additional capital for Borrower (Fluent LLC) by March 20, 2025.
Non-compliance with financial covenants as of December 31, 2024 is waived; call protection extended and covenants modified.
Capital may come from equity, equity-linked, or subordinated debt; no assurance as to timing or amount.
Prior letters on Jan 30 and Mar 3 extended compliance certificate deadlines while amendment was negotiated.

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