{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-072757","form_type":"8-K","ticker":"ASAN","cik":"0001477720","company_name":"Asana, Inc.","filed_at":"2026-11-10T21:20:34+00:00","discovered_at":"2026-11-10T21:21:00.297210+00:00","generated_at":"2026-11-10T21:21:05.824895+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Asana signs $150M senior secured revolver with Wells Fargo; repays prior SVB facility","bullets":["$150M senior secured revolving credit facility with Wells Fargo as administrative agent; sub-limits of $30M for letters of credit and $15M for swingline loans; matures Nov 9, 2031.","Term SOFR loans at SOFR +2.00% (2.00%-2.50% after the Q4 FY2027 compliance certificate, tied to leverage); base rate +1.00%-1.50%; unused commitment fee 0.20%-0.30%.","Financial covenants: consolidated total net leverage no greater than 3.25 to 1.00 and interest coverage no less than 3.00 to 1.00, tested quarterly.","Secured by first-priority liens on substantially all assets and pledges of subsidiary equity; guaranteed by wholly owned subsidiary Eigen Inc. and future domestic subsidiaries.","On Nov 6, 2026 Asana repaid in full its 2022 credit agreement with Silicon Valley Bank (a division of First-Citizens) using cash on hand; that facility and its liens were terminated."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-072757","json":"https://secwatch.observer/filing/0001628280-26-072757.json","markdown":"https://secwatch.observer/filing/0001628280-26-072757.md","text":"https://secwatch.observer/filing/0001628280-26-072757.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1477720/000162828026072757/0001628280-26-072757-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1477720/000162828026072757/asan-20261106.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-10T21:21:05.824895+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}