secwatch.observer — SEC 8-K summary
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Issuer:     Oportun Financial Corp (OPRT)
CIK:        0001538716
Form:       8-K/A
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001538716-23-000075
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oportun borrows $25M incremental term loans, issues warrants for 1.05M shares
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- Borrowed $25M in incremental Tranche B Loans under corporate facility dated Sept 14, 2022.
- Up to an additional $25M in Incremental Tranche C Loans expected available around June 23, 2023.
- Issued warrants to purchase 1,048,363 shares of common stock at $0.01 per share to the lenders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538716/000153871623000075/0001538716-23-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538716/000153871623000075/oprt-20230508.htm
  HTML page:      https://secwatch.observer/filing/0001538716-23-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer