secwatch.observer — SEC 8-K summary
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Issuer:     Lazydays Holdings, Inc. (—)
CIK:        0001721741
Form:       8-K
Filed at:   2024-01-02T23:59:59+00:00
Accession:  0001493152-24-000130
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lazydays closes $35M mortgage loan at 12% interest, maturing Dec 2026
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- Loan of $35M at 12% (14% if PIK option exercised) matures Dec 29, 2026.
- Borrower paid 2.5% origination fee; exit fee of 1% (yr 1) or 2% thereafter.
- Secured by first mortgages on certain dealership properties and land.
- Guaranteed by Lazydays Holdings and two subsidiaries; lender Coliseum Holdings I, LLC.
- Lender/affiliates are significant stockholders; proceeds for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1721741/000149315224000130/0001493152-24-000130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1721741/000149315224000130/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-000130

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