Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ALKAMI TECHNOLOGY, INC. amended credit facility of $20,000,000 with Silicon Valley Bank maturing April 29, 2026.
- Instrument
- credit facility
- Principal
- $20,000,000
- Counterparty
- Silicon Valley Bank
- Maturity
- April 29, 2026
- Event
- amendment
Exact text from the filing
The Amendment, among other things, (i) increases the amount of the revolving loan commitment by $20,000,000 (with Citibank, N.A., joining as a new lender), (ii) extends the maturity date for one year from April 29, 2025 to April 29, 2026
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
ALKAMI TECHNOLOGY, INC. amended First Amendment to Amended and Restated Credit Agreement with Silicon Valley Bank valued at increases the amount of the revolving loan commitment by $20,000,000 and extends the maturity date f (effective 2023-06-27).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Silicon Valley Bank
- Value
- increases the amount of the revolving loan commitment by $20,000,000 and extends the maturity date f
- Effective
- 2023-06-27
Exact text from the filing
On June 27, 2023, the Company entered into a First Amendment (the “Amendment”) to the Company’s Amended and Restated Credit Agreement dated as of April 29, 2022 (the “Credit Agreement”), with Silicon Valley Bank, as Administrative Agent, and the other lenders party thereto.
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