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

Issuer:     LIVE VENTURES Inc (LIVE)
CIK:        0001045742
Form:       8-K
Filed at:   2023-10-23T23:59:59+00:00
Accession:  0001628280-23-034910
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045742/000162828023034910/0001628280-23-034910-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045742/000162828023034910/live-20231021.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-034910

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