---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-046120"
form_type: "8-K"
ticker: "FATN"
cik: "0001993400"
company_name: "Fatpipe Inc/UT"
filed_at: "2026-10-07T19:30:34+00:00"
generated_at: "2026-10-12T15:55:19.164389+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FatPipe enters $4.5M KeyBank term loan and $1.5M revolver, repays Fortis SBA loan

## Summary
- FatPipe entered a $4.5M secured term loan and $1.5M revolving line of credit with KeyBank National Association on Oct. 1, 2026.
- About $4.47M of Term Loan proceeds repaid in full its Fortis Bank SBA loan, which bore Prime +1.00%; new facilities bear Adjusted Daily SOFR +3.00%.
- FatPipe expects ~110 bps annual borrowing-rate reduction; Term Loan matures Oct. 1, 2029, with 35 monthly principal payments of $75,000 starting Nov. 1, 2026.
- Revolving Facility matures Sept. 30, 2027; origination fees are $22,500 for the Term Loan and $7,500 for the Revolving Facility.
- Loan Documents require Total Funded Debt/EBITDA <=2.50:1.00 and Fixed Charge Coverage Ratio >=1.20:1.00, secured by substantially all personal property including IP.

## SEC filing metadata
- accession: 0001493152-26-046120
- form_type: 8-K
- ticker: FATN
- cik: 0001993400
- company_name: Fatpipe Inc/UT
- filed_at: 2026-10-07T19:30:34+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1993400/000149315226046120/0001493152-26-046120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1993400/000149315226046120/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-046120
- JSON: https://secwatch.observer/filing/0001493152-26-046120.json
- Plain text: https://secwatch.observer/filing/0001493152-26-046120.txt

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