{"schema_version":"secwatch.filing_event.v1","accession":"0001490281-24-000016","form_type":"8-K","ticker":"GRPN","cik":"0001490281","company_name":"Groupon, Inc.","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.316108+00:00","generated_at":"2026-06-06T01:08:39.077223+00:00","sec_items":["1.02","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Groupon terminates $43.1M credit facility with JPMorgan using rights offering proceeds","bullets":["Prepaid $43.1M ($42.8M principal + $0.1M interest + $0.2M fees) to terminate Credit Agreement with JPMorgan.","No early termination penalties incurred; all future commitments to extend credit ended.","Payoff funded from $80M fully backstopped rights offering proceeds made to common stockholders.","Groupon retained access to letters of credit under pre-existing Cash Collateral Agreement with JPMorgan."],"urls":{"canonical":"https://secwatch.observer/filing/0001490281-24-000016","json":"https://secwatch.observer/filing/0001490281-24-000016.json","markdown":"https://secwatch.observer/filing/0001490281-24-000016.md","text":"https://secwatch.observer/filing/0001490281-24-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1490281/000149028124000016/0001490281-24-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1490281/000149028124000016/grpn-20240212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T01:08:39.077223+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"42609ea780a20ba812b20dd810b4c2bdc13070ee","claim":"Groupon, Inc. terminated Second Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. valued at approximately $43.1 million (effective 2024-02-12).","evidence_excerpt":"On February 12, 2024, Groupon, Inc. (the \"Company\") prepaid approximately $43.1 million (the “Payoff Amount”) to terminate all commitments to extend further credit under the Second Amended and Restated Credit Agreement, dated as of May 14, 2019 (as amended by the First Amendment, dated as of July 17, 2020, the Second Amendment, dated as of March 22, 2021, the Third Amendment, dated as of September 28, 2022, the Fourth Amendment, dated as of March 13, 2023 and the Fifth Amendment, dated as of November 7, 2023, collectively, the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Administrative Agent, and the other lenders party to the Credit Agreement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1490281/000149028124000016/0001490281-24-000016-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Value","value":"approximately $43.1 million"},{"label":"Effective","value":"2024-02-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}