---
schema_version: "secwatch.filing_event.v1"
accession: "0001635282-26-000027"
form_type: "8-K"
ticker: "RMNI"
cik: "0001635282"
company_name: "Rimini Street, Inc."
filed_at: "2026-04-01T23:59:59+00:00"
generated_at: "2026-05-15T07:58:57.900142+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Rimini Street amends credit agreement, increases annual buyback cap to $20M but caps aggregate at $50M

## Summary
- Annual restricted payments (buybacks/dividends) capped at $20M from FY2026, up from prior $12.5M or 20% EBITDA.
- Aggregate restricted payments on/after Jan 1, 2026 fixed at $50M, removing previous 100% EBITDA floating cap.
- Amendment entered March 27, 2026 with lenders Capital One, TD Bank, and U.S. Bank; no new debt issued.
- Borrower reaffirms all obligations; no default exists before or after amendment.

## SEC filing metadata
- accession: 0001635282-26-000027
- form_type: 8-K
- ticker: RMNI
- cik: 0001635282
- company_name: Rimini Street, Inc.
- filed_at: 2026-04-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1635282/000163528226000027/0001635282-26-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1635282/000163528226000027/rmni-20260401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001635282-26-000027
- JSON: https://secwatch.observer/filing/0001635282-26-000027.json
- Plain text: https://secwatch.observer/filing/0001635282-26-000027.txt

## Key facts
- Material Agreements
  Rimini Street, Inc. amended Amendment No. 1 with Capital One, National Association (effective 2026-03-27).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Capital One, National Association
  - Effective: 2026-03-27
  source text: On March 27, 2026, Rimini Street, Inc. (the “ Company ”) entered into Amendment No. 1 (the “ Amendment ”) to that certain Amended and Restated Credit Agreement dated as of April 30, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1635282/000163528226000027/0001635282-26-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.