secwatch.observer — SEC 8-K summary
======================================

Issuer:     SmartRent, Inc. (SMRT)
CIK:        0001837014
Form:       8-K
Filed at:   2021-12-13T23:59:59+00:00
Accession:  0001564590-21-060073
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartRent enters $75M revolving credit facility with 5-year term
----------------------------------------------------------------

- Revolving credit facility of $75M; interest rate Term SOFR + 1.85%-2.35% based on liquidity.
- Facility matures Dec 10, 2026; includes up to $75M incremental accordion feature.
- Secured by substantially all assets; guaranteed by material domestic subsidiaries.
- Provides liquidity for organic growth initiatives and M&A strategy.
- Lenders: Silicon Valley Bank (administrative agent) and JP Morgan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837014/000156459021060073/0001564590-21-060073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837014/000156459021060073/smrt-8k_20211210.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-060073

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