secwatch.observer — SEC 8-K summary
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Issuer:     Zevia PBC (ZVIA)
CIK:        0001854139
Form:       8-K
Filed at:   2026-05-18T20:39:34+00:00
Accession:  0001437749-26-017629
Event type: debt
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854139/000143774926017629/0001437749-26-017629-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854139/000143774926017629/zvia20260518_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-017629

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