secwatch.observer — SEC 8-K summary
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Issuer:     DLH Holdings Corp. (DLHC)
CIK:        0000785557
Form:       8-K
Filed at:   2026-06-17T20:36:03+00:00
Accession:  0001628280-26-043937
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DLH amends credit agreement; gets covenant relief through Sep 2026
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- Second Amendment modifies Consolidated EBITDA to add lease termination costs and up to $3M from new contract awards.
- Total leverage ratio caps raised to 5.0x (Jun 2026) and 5.5x (Sep 2026); fixed charge coverage floor lowered to 1.05x.
- Total Funded Debt now excludes undrawn letters of credit for VA Consolidated Mail Outpatient Pharmacy program.
- Term loan principal amortized to $122M as of June 11, 2026 effective date.
- Other terms unchanged; collateral remains on substantially all assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/785557/000162828026043937/0001628280-26-043937-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/785557/000162828026043937/dlhc-20260611.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-043937

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