---
schema_version: "secwatch.filing_event.v1"
accession: "0001538716-24-000141"
form_type: "8-K"
ticker: "OPRT"
cik: "0001538716"
company_name: "Oportun Financial Corp"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:44:38.146630+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# Oportun closes new senior secured term loan; issues warrants for 9.8% equity stake

## Summary
- New senior secured term loan funded on Nov 14, 2024 by affiliates of Castlelake L.P. and Neuberger Berman.
- Issued warrants at $0.01 per share to lenders covering 9.8% of fully-diluted common stock on a pro forma basis.
- Existing $0.0 principal? 2022 credit agreement and 2021 indenture terminated in connection with the closing.

## SEC filing metadata
- accession: 0001538716-24-000141
- form_type: 8-K
- ticker: OPRT
- cik: 0001538716
- company_name: Oportun Financial Corp
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 1.01, 1.02, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538716/000153871624000141/0001538716-24-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538716/000153871624000141/oprt-20241114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001538716-24-000141
- JSON: https://secwatch.observer/filing/0001538716-24-000141.json
- Plain text: https://secwatch.observer/filing/0001538716-24-000141.txt

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