secwatch.observer — SEC 8-K summary
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Issuer:     Fluent, Inc. (FLNT)
CIK:        0001460329
Form:       8-K
Filed at:   2025-12-02T23:59:59+00:00
Accession:  0001437749-25-036597
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fluent enters $30M accounts receivable financing; repays SLR debt with $1M early termination fee
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- Up to $30M advance based on eligible receivables; 36-month initial term, auto-renewing annually.
- Advance rate 90% domestic, 85% foreign; foreign capped at 30% of total advances.
- Finance fee Prime + 2% with floor: 9.00% yr1, 8.75% yr2, 8.50% yr3.
- Facility fee 0.50% of max credit initially, 0.33% annually; collateral fee 0.25% monthly.
- Repaid $1.0M early termination fee to exit prior SLR credit agreement; all liens released.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1460329/000143774925036597/0001437749-25-036597-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1460329/000143774925036597/flnt20251114c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-036597

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