secwatch.observer — SEC 8-K summary
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Issuer:     Fluent, Inc. (FLNT)
CIK:        0001460329
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0001437749-25-007789
Event type: debt
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1460329/000143774925007789/0001437749-25-007789-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1460329/000143774925007789/flnt20250311_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-007789

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer