Zevia amends credit facility: maturity extended to Feb 2030, spread reduced

Zevia PBC

Maturity of revolving credit line extended to February 22, 2030.
Credit spread adjustment on Term SOFR margin reduced to 0.10%.
New minimum liquidity covenant of $7M until fixed charge coverage ratio >=1.00x for two consecutive quarters.
Fixed charge coverage ratio of 1.00x triggered if availability falls below $3M or 17.5% of borrowing base.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Zevia PBC amended First Amendment to Loan and Security Agreement with Bank of America, N.A. (effective 2026-05-15).

Action: amendment
Agreement: credit facility
Counterparty: Bank of America, N.A.
Effective: 2026-05-15

Exact text from the filing

On May 15, 2026, Zevia LLC (the “ Company ”), a direct subsidiary of Zevia PBC, entered into a First Amendment to Loan and Security Agreement (the “ First Amendment ”), by and among the Company, as borrower, the lenders party thereto and Bank of America, N.A., as agent (the “ Agent ”) and as sole lead arranger and sole bookrunner.

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Source: SEC EDGAR

accession 0001437749-26-017629

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