secwatch.observer — SEC 8-K summary
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Issuer:     Bandwidth Inc. (BAND)
CIK:        0001514416
Form:       8-K
Filed at:   2023-03-17T23:59:59+00:00
Accession:  0001514416-23-000070
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

Bandwidth terminates SVB credit agreement after SVB's closure; no outstanding borrowings
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- SVB was closed by California DFPI on March 10, 2023; FDIC appointed receiver.
- Bandwidth gave notice on March 14, 2023 to terminate the credit agreement dated June 6, 2022.
- No outstanding borrowings under the credit agreement as of termination effective March 15, 2023.
- Bandwidth did not borrow any amounts under any revolving credit facility in prior three fiscal years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514416/000151441623000070/0001514416-23-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514416/000151441623000070/band-20230314.htm
  HTML page:      https://secwatch.observer/filing/0001514416-23-000070

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