INTELLINETICS, INC. (INLX): debt financing — Intellinetics appoints Alison Forsythe as CEO, secures $1M JPMorgan line of credit

INTELLINETICS, INC.

Alison Forsythe appointed President and CEO effective Feb 17, 2026; previously CEO of Humanyze.
Compensation: $400K base salary, up to 55% bonus, 145,600 RSUs with 2-year graded vesting.
Company entered $1M secured line of credit with JPMorgan; SOFR+2.35%, expires Dec 31, 2026.
Credit agreement requires EBITDA of at least $350K at fiscal year end.
Forsythe received $15,384 in consulting fees prior to appointment.

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Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

INTELLINETICS, INC. incurred credit facility of $1 million with JPMorgan Chase Bank, N.A. at 2.35% over the Secured Overnight Financing Rate (SOFR) maturing December 31, 2026.

Instrument: credit facility
Principal: $1 million
Counterparty: JPMorgan Chase Bank, N.A.
Rate: 2.35% over the Secured Overnight Financing Rate (SOFR)
Maturity: December 31, 2026
Event: incurrence

Exact text from the filing

On February 16, 2026, the Intellinetics, Inc. (the “Company”) entered into a $1 million secured term loan line of credit (the “Line of Credit”) pursuant to a Credit Agreement (the “Credit Agreement”) and other related agreements with JPMorgan Chase Bank, N.A. (“JPMC”).

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INTELLINETICS, INC. filing history →

Source: SEC EDGAR

accession 0001493152-26-006938

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