---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-020334"
form_type: "8-K"
ticker: null
cik: "0001721741"
company_name: "Lazydays Holdings, Inc."
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T16:15:26.451818+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lazydays amends credit agreements, secures $15M mortgage, issues 2M warrants at $5.25

## Summary
- Interest rate increased; floor plan facility reduced from $525M to $480M; no revolving loans available during ratio adjustment period.
- Mandatory repayments: $5M by June 10, $2.5M by Sep 30, $2.5M by Dec 31, 2024, with permanent commitment reductions.
- Coliseum advanced $15M mortgage (total $50M) to fund required $5M credit repayment and general purposes.
- Warrants for 2M shares at $5.25 per share issued to Coliseum Capital and Blackwell Partners, exercisable through May 15, 2034.
- Series A Preferred Stock conversion price adjusted to $9.65 from $10.0625 due to warrant issuance.

## SEC filing metadata
- accession: 0001493152-24-020334
- form_type: 8-K
- cik: 0001721741
- company_name: Lazydays Holdings, Inc.
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1721741/000149315224020334/0001493152-24-020334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1721741/000149315224020334/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-020334
- JSON: https://secwatch.observer/filing/0001493152-24-020334.json
- Plain text: https://secwatch.observer/filing/0001493152-24-020334.txt

## Key facts
- Debt Financings
  Lazydays Holdings, Inc. incurred loan of $15.0 million with Coliseum Holdings I, LLC.
  - Instrument: loan
  - Principal: $15.0 million
  - Counterparty: Coliseum Holdings I, LLC
  - Event: incurrence
  source text: Pursuant to the Loan Agreement Amendment, on May 15, 2024 the Mortgage Lender advanced an additional $15.0 million mortgage loan (the “Advance”), increasing the aggregate principal amount of the mortgage loan advanced under the Amended Loan Agreement from $35.0 million to $50.0 million (the “Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1721741/000149315224020334/0001493152-24-020334-index.htm
- Debt Financings
  Lazydays Holdings, Inc. amended credit facility of $480.0 million with Manufacturers and Traders Trust Company at Applicable Rate for SOFR Borrowings shall be 3.40%.
  - Instrument: credit facility
  - Principal: $480.0 million
  - Counterparty: Manufacturers and Traders Trust Company
  - Rate: Applicable Rate for SOFR Borrowings shall be 3.40%
  - Event: amendment
  source text: Loans will be available to the Credit Agreement Borrowers. ● The lenders’ aggregate commitment in respect of the Floor Plan Line of Credit is reduced from $525.0 million to $480.0 million. ● The Ratio Adjustment Period will not end until the Borrower Representative delivers a Compliance Certificate for the Fiscal Quarter ending June 30, 2025 that demonstrates
  evidence_url: https://www.sec.gov/Archives/edgar/data/1721741/000149315224020334/0001493152-24-020334-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.