---
schema_version: "secwatch.filing_event.v1"
accession: "0001515971-23-000166"
form_type: "8-K"
ticker: "KTEL"
cik: "0000845819"
company_name: "KonaTel, Inc."
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T08:36:44.761305+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# KonaTel closes $5M secured credit facility with ACP Financing; up to $25M available

## Summary
- Non-dilutive facility with no warrants or convertibility; $1.5M funded at closing for equipment.
- Up to $25 million available to support IM Telecom (Infiniti Mobile) subscriber growth.
- Repayment structured over initial nine months; tailored for Lifeline/ACP providers.
- CEO cites lower equipment cost versus existing sources; improves cash management.
- Facility from ACP Financing VII LLC, a specialty lender to Lifeline/ACP providers.

## SEC filing metadata
- accession: 0001515971-23-000166
- form_type: 8-K
- ticker: KTEL
- cik: 0000845819
- company_name: KonaTel, Inc.
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845819/000151597123000166/0001515971-23-000166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845819/000151597123000166/ktel8k122123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001515971-23-000166
- JSON: https://secwatch.observer/filing/0001515971-23-000166.json
- Plain text: https://secwatch.observer/filing/0001515971-23-000166.txt

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