secwatch.observer — SEC 8-K summary
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Issuer:     Allbirds, Inc. (BIRD)
CIK:        0001653909
Form:       8-K
Filed at:   2026-05-28T21:03:57+00:00
Accession:  0001628280-26-038894
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allbirds amends credit agreement: revolver cut to $44.2M, adds $5.8M term loans
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- Third Amendment reduces revolving commitments from $50M to $44.2M.
- New Term Loan A of up to $3.3M and Term Loan B of up to $2.5M added.
- Amendment includes waiver of prepayment requirements for the reduction.
- Conditions precedent include Solvency certificate and no Material Adverse Effect since Dec. 31, 2025.
- Loan parties release all claims against lenders and agent through the amendment date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653909/000162828026038894/0001628280-26-038894-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653909/000162828026038894/bird-20260526.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-038894

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