secwatch.observer — SEC 8-K summary
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Issuer:     LifeMD, Inc. (LFMD)
CIK:        0000948320
Form:       8-K
Filed at:   2026-01-06T23:59:59+00:00
Accession:  0001493152-26-000525
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LifeMD closes $50M revolving credit facility with Citizens Bank, N.A.
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- Facility provides $30M committed plus $20M accordion; maturity January 2, 2029.
- No amount drawn at closing; Company cites sufficient cash flow for organic growth.
- Interest based on Term SOFR + 1.50%-2.25% or ABR + 0.50%-1.25%; commitment fee 0.225%-0.30%.
- No upfront fee; credit supports corporate development and shareholder value initiatives.
- Financial covenants: leverage ratio ≤2.50x, interest coverage ≥3.00x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/948320/000149315226000525/0001493152-26-000525-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/948320/000149315226000525/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-000525

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