---
schema_version: "secwatch.filing_event.v1"
accession: "0001529274-23-000002"
form_type: "8-K"
ticker: "ALKT"
cik: "0001529274"
company_name: "ALKAMI TECHNOLOGY, INC."
filed_at: "2023-01-03T23:59:59+00:00"
generated_at: "2026-06-20T20:50:52.405875+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Alkami amends CO-OP reseller agreement: reduced fees, extended term to Dec 2026

## Summary
- Sixth Amendment reduces per-transaction bill payment fees and moves from tiered to flat-rate pricing effective Jan 1, 2023.
- Minimum annual commitments set for 2023-2026 (amounts redacted); term extended from June 2025 to Dec 31, 2026.
- One-time license payment (redacted) for CO-OP Bill Pay platform; not a prepayment of ongoing fees.
- Amendment is with CO-OP, whose CEO Todd Clark is also an Alkami board member (related-party transaction).
- FIS Fusion Bill Pay integration into Alkami platform required within 6 months of general availability and 5 production clients.

## SEC filing metadata
- accession: 0001529274-23-000002
- form_type: 8-K
- ticker: ALKT
- cik: 0001529274
- company_name: ALKAMI TECHNOLOGY, INC.
- filed_at: 2023-01-03T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529274/000152927423000002/0001529274-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529274/000152927423000002/alk-20221230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529274-23-000002
- JSON: https://secwatch.observer/filing/0001529274-23-000002.json
- Plain text: https://secwatch.observer/filing/0001529274-23-000002.txt

## Key facts
- Material Agreements
  ALKAMI TECHNOLOGY, INC. amended Sixth Amendment with CU Cooperative Systems, Inc. d/b/a CO-OP Solutions (effective 2022-12-30).
  - Action: amendment
  - Agreement: supply
  - Counterparty: CU Cooperative Systems, Inc. d/b/a CO-OP Solutions
  - Effective: 2022-12-30
  source text: Effective December 30, 2022, Alkami Technology, Inc. (the “Company) entered into a Sixth Amendment (the “Sixth Amendment”) to the Bill Pay Service Reseller Agreement (“Reseller Agreement”) with CU Cooperative Systems, Inc. d/b/a CO-OP Solutions, a California cooperative corporation (“CO-OP”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529274/000152927423000002/0001529274-23-000002-index.htm

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