---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-021073"
form_type: "8-K"
ticker: "AIOT"
cik: "0001774170"
company_name: "Powerfleet, Inc."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:53:47.278467+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Powerfleet amends $85M credit facility; extends Term A maturity to March 2028

## Summary
- Term A Facility maturity extended by 12 months to March 31, 2028.
- Term A interest: fixed rate until March 2027, then SOFR + 4.85% (if no default).
- Consolidated net debt/EBITDA covenant: below 3.50 at Dec 2025, stepping to 2.50 thereafter.
- EBITDA/finance cost ratio: above 3.00 from Sep 2025 to Sep 2026, above 3.50 thereafter.
- Amendments conform to company's other RMB facility dated Sep 2024 (amended May 2025).

## SEC filing metadata
- accession: 0001493152-25-021073
- form_type: 8-K
- ticker: AIOT
- cik: 0001774170
- company_name: Powerfleet, Inc.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1774170/000149315225021073/0001493152-25-021073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1774170/000149315225021073/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-021073
- JSON: https://secwatch.observer/filing/0001493152-25-021073.json
- Plain text: https://secwatch.observer/filing/0001493152-25-021073.txt

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