Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
LifeMD, Inc. incurred revolving credit of $30 million with Citizens Bank, N.A. at Term SOFR plus 1.50% to 2.25% or Alternate Base Rate plus 0.50% to 1.25% maturing January 2, 2029.
- Instrument
- revolving credit
- Principal
- $30 million
- Counterparty
- Citizens Bank, N.A.
- Rate
- Term SOFR plus 1.50% to 2.25% or Alternate Base Rate plus 0.50% to 1.25%
- Maturity
- January 2, 2029
- Event
- incurrence
Exact text from the filing
On January 2, 2026, LifeMD, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) with Citizens Bank, N.A. (the “Lender”), which provides for a senior secured revolving credit facility in an aggregate outstanding amount not exceeding $30 million (the “Credit Facility”) to support potential corporate development and/or shareholder value creation initiatives. The Credit Facility may be increased in the aggregate principal amount of up to $20 million on the terms and subject to the conditions described in the Credit Agreement. In connection with the Credit Agreement, among other things, the Company issued a revolving loan note to the Lender for any loans that may be made under the Credit Facility. Additionally, among other things, the Company and its subsidiaries entered into a pledge and security agreement and a guarantee agreement to provide credit support for the Credit Facility. The Credit Facility matures on January 2, 2029. The terms of the Credit Facility pr
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
LifeMD, Inc. entered into Credit Agreement with Citizens Bank, N.A. valued at $30 million (effective 2026-01-02).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Citizens Bank, N.A.
- Value
- $30 million
- Effective
- 2026-01-02
Exact text from the filing
On January 2, 2026, LifeMD, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) with Citizens Bank, N.A. (the “Lender”), which provides for a senior secured revolving credit facility in an aggregate outstanding amount not exceeding $30 million (the “Credit Facility”)
View on SEC.gov