---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-034910"
form_type: "8-K"
ticker: "LIVE"
cik: "0001045742"
company_name: "LIVE VENTURES Inc"
filed_at: "2023-10-23T23:59:59+00:00"
generated_at: "2026-06-09T16:09:44.049726+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Live Ventures subsidiary Vintage Stock enters $15M credit agreement with Bank Midwest, replacing prior facility

## Summary
- Vintage Stock (wholly owned subsidiary) entered $15M revolving credit with Bank Midwest on Oct 17, 2023.
- Interest at SOFR + 2.36% per annum, floor 6.50%; matures Oct 17, 2024.
- Monthly payments begin Dec 1, 2023; all principal and interest due at maturity.
- Prior revolving credit facility with Texas Capital Bank terminated upon closing.
- Credit secured by substantially all of Vintage Stock's personal property, including inventory and accounts.

## SEC filing metadata
- accession: 0001628280-23-034910
- form_type: 8-K
- ticker: LIVE
- cik: 0001045742
- company_name: LIVE VENTURES Inc
- filed_at: 2023-10-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045742/000162828023034910/0001628280-23-034910-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045742/000162828023034910/live-20231021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-034910
- JSON: https://secwatch.observer/filing/0001628280-23-034910.json
- Plain text: https://secwatch.observer/filing/0001628280-23-034910.txt

## Key facts
- Debt Financings
  LIVE VENTURES Inc incurred revolving credit of $15.0 million with Bank Midwest, a division of NBH BANK at the greater of (a) the one-month forward-looking term rate based on SOFR, plus 2 maturing October 17, 2024.
  - Instrument: revolving credit
  - Principal: $15.0 million
  - Counterparty: Bank Midwest, a division of NBH BANK
  - Rate: the greater of (a) the one-month forward-looking term rate based on SOFR, plus 2
  - Maturity: October 17, 2024
  - Event: incurrence
  source text: On October 17, 2023 (the “Closing Date”), Vintage Stock, Inc. (“Vintage Stock”), a Missouri corporation and wholly owned indirect subsidiary of Live Ventures Incorporated, a Nevada corporation, entered into a $15.0 million credit agreement (the “Credit Agreement”) with Bank Midwest, a division of NBH BANK (the “Lender”), replacing a revolving credit facility between Vintage Stock and Texas Capital Bank, which was entered into in November 2016 and set to mature in November 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045742/000162828023034910/0001628280-23-034910-index.htm
- Material Agreements
  LIVE VENTURES Inc entered into Credit Agreement with Bank Midwest, a division of NBH BANK valued at $15.0 million (effective 2023-10-17).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Bank Midwest, a division of NBH BANK
  - Value: $15.0 million
  - Effective: 2023-10-17
  source text: On October 17, 2023 (the “Closing Date”), Vintage Stock, Inc. (“Vintage Stock”), a Missouri corporation and wholly owned indirect subsidiary of Live Ventures Incorporated, a Nevada corporation, entered into a $15.0 million credit agreement (the “Credit Agreement”) with Bank Midwest, a division of NBH BANK (the “Lender”), replacing a revolving credit facility between Vintage Stock and Texas Capital Bank, which was entered into in November 2016 and set to mature in November 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045742/000162828023034910/0001628280-23-034910-index.htm
- Material Agreements
  LIVE VENTURES Inc terminated a credit facility with Texas Capital Bank (effective 2023-10-17).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Texas Capital Bank
  - Effective: 2023-10-17
  source text: In connection with the entry into the Credit Agreement, the revolving credit facility between Vintage Stock and Texas Capital Bank was terminated.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045742/000162828023034910/0001628280-23-034910-index.htm

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