secwatch.observer — SEC 8-K summary
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Issuer:     Fathom Holdings Inc. (FTHM)
CIK:        0001753162
Form:       8-K
Filed at:   2026-03-23T23:59:59+00:00
Accession:  0001628280-26-020494
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fathom Holdings enters $2M subordinated secured note with Bed Bath & Beyond
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- Original principal $2,000,000; 9% PIK interest; matures April 1, 2027.
- Secured by all assets and guaranteed by material subsidiaries; subordinated to senior debt from Sep 2024.
- Covenants restrict dividends, share redemptions, additional debt, and affiliate transactions without disinterested director approval.
- Events of default include covenant breach; default interest rate 18% per annum if elected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1753162/000162828026020494/0001628280-26-020494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1753162/000162828026020494/fthm-20260318.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-020494

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