secwatch / observer
8-K filed January 2, 2024, 6:59 PM ET CIK 0001566469
debt confidence medium sentiment neutral materiality 0.60

NantHealth, Inc.: debt financing — NantHealth enters Second Supplemental Indenture waiving defaults, permitting Highbridge Settlement

NantHealth, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 1.0

NantHealth, Inc. amended convertible notes of Not specified in excerpt with U.S. Bank Trust Company, National Association at Not specified in excerpt maturing Not specified in excerpt.

Instrument
convertible notes
Principal
Not specified in excerpt
Counterparty
U.S. Bank Trust Company, National Association
Rate
Not specified in excerpt
Maturity
Not specified in excerpt
Event
amendment
Exact text from the filing
On December 26, 2023, NantHealth, Inc. (the “ Company ”), NaviNet, Inc. and The OpenNMS Group, Inc. as subsidiary guarantors, and U.S. Bank Trust Company, National Association, as trustee and notes collateral agent, entered into a Second Supplemental Indenture (the “ Second Supplemental Indenture ”), which amends that certain Indenture, dated as of April 27, 2021 (as amended and restated by the First Supplemental Indenture, dated May 17, 2023, the “ Convertible Notes Indenture ”) to, among other things, (i) permit the transactions disclosed in the Company’s Current Report on Form 8-K filed on December 21, 2023 (the “ Highbridge Settlement ”), (ii) waive all Defaults and Events of Default (as each term is defined in the Convertible Notes Indenture) that have occurred or are occurring as of the date of the Second Supplemental Indenture, and (iii) increase flexibility for future Dispositions (as defined in the Convertible Notes Indenture).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

NantHealth, Inc. amended Second Supplemental Indenture to Convertible Notes Indenture dated April 27, 2021 with U.S. Bank Trust Company, National Association valued at Second Supplemental Indenture amends Convertible Notes Indenture to permit Highbridge Settlement, wa (effective 2023-12-26).

Action
amendment
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
Second Supplemental Indenture amends Convertible Notes Indenture to permit Highbridge Settlement, wa
Effective
2023-12-26
Exact text from the filing
On December 26, 2023, NantHealth, Inc. (the “ Company ”), NaviNet, Inc. and The OpenNMS Group, Inc. as subsidiary guarantors, and U.S. Bank Trust Company, National Association, as trustee and notes collateral agent, entered into a Second Supplemental Indenture (the “ Second Supplemental Indenture ”), which amends that certain Indenture, dated as of April 27, 2021 (as amended and restated by the First Supplemental Indenture, dated May 17, 2023, the “ Convertible Notes Indenture ”) to, among other things, (i) permit the transactions disclosed in the Company’s Current Report on Form 8-K filed on December 21, 2023 (the “ Highbridge Settlement ”), (ii) waive all Defaults and Events of Default (as each term is defined in the Convertible Notes Indenture) that have occurred or are occurring as of the date of the Second Supplemental Indenture, and (iii) increase flexibility for future Dispositions (as defined in the Convertible Notes Indenture).
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Source: SEC EDGAR
accession 0001566469-24-000003
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