---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-038930"
form_type: "8-K"
ticker: "CRSR"
cik: "0001743759"
company_name: "Corsair Gaming, Inc."
filed_at: "2022-12-02T23:59:59+00:00"
generated_at: "2026-06-21T10:19:59.576487+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Corsair Gaming amends credit agreement: lower interest coverage, higher leverage limits, increased margins

## Summary
- Third Amendment to Credit Agreement executed Nov 28, 2022; minimum Interest Coverage Ratio reduced to 2.50x for quarters ending March 31, 2023 through Dec 31, 2023.
- Maximum Total Net Leverage Ratio raised to 3.75x for Q4 2022 and Q1 2023, stepping down to 3.50x and 3.25x through Q4 2023.
- Pricing grid increased: BSBY rate margin up to 3.25% and base rate up to 2.25% during Specified Pricing Period through FY2023.
- Cash netting threshold for leverage calculations temporarily increased from $75M to $125M during Specified Period (Dec 2022-Dec 2023).

## SEC filing metadata
- accession: 0001564590-22-038930
- form_type: 8-K
- ticker: CRSR
- cik: 0001743759
- company_name: Corsair Gaming, Inc.
- filed_at: 2022-12-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743759/000156459022038930/0001564590-22-038930-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743759/000156459022038930/crsr-8k_20221128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-038930
- JSON: https://secwatch.observer/filing/0001564590-22-038930.json
- Plain text: https://secwatch.observer/filing/0001564590-22-038930.txt

## Key facts
- Material Agreements
  Corsair Gaming, Inc. amended Third Amendment with Bank of America, N.A. and the lenders (effective 2022-11-28).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A. and the lenders
  - Effective: 2022-11-28
  source text: On November 28, 2022, Corsair Gaming, Inc. (the “Company”) entered into a Third Amendment (the “Third Amendment”) to the Credit Agreement, dated as of September 3, 2021, among the Company, the domestic subsidiaries of the Company party thereto as guarantors, the lenders party thereto, and Bank of America, N.A., as administrative agent and a lender
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743759/000156459022038930/0001564590-22-038930-index.htm

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