{"schema_version":"secwatch.filing_event.v1","accession":"0001614178-24-000086","form_type":"8-K","ticker":"YEXT","cik":"0001614178","company_name":"Yext, Inc.","filed_at":"2024-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.778245+00:00","generated_at":"2026-05-31T15:43:47.360472+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Yext amends credit facility; replaces growth/quick ratio covenants with leverage and liquidity tests","bullets":["Interest rate now based on SOFR plus 1.75%-2.25% or base rate minus 0.75%-1.25%, depending on leverage ratio.","New financial covenants: consolidated total leverage ratio ≤3.00x and minimum liquidity ≥$35M, tested quarterly.","Replaces prior consolidated quick ratio and recurring revenue growth rate covenants, providing more flexibility.","Amendment dated July 26, 2024, with Silicon Valley Bank as administrative agent; no change to total commitment disclosed."],"urls":{"canonical":"https://secwatch.observer/filing/0001614178-24-000086","json":"https://secwatch.observer/filing/0001614178-24-000086.json","markdown":"https://secwatch.observer/filing/0001614178-24-000086.md","text":"https://secwatch.observer/filing/0001614178-24-000086.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1614178/000161417824000086/0001614178-24-000086-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1614178/000161417824000086/yext-20240726.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:43:47.360472+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}