secwatch.observer — SEC 8-K summary
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Issuer:     Cardlytics, Inc. (CDLX)
CIK:        0001666071
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0001666071-23-000039
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Cardlytics borrows $30M under $60M line of credit from Pacific Western Bank
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- Borrowed $30.0 million on March 13, 2023, under the existing $60 million revolving line of credit with Pacific Western Bank.
- Line of credit was originally entered on May 21, 2018, and has been amended; full terms referenced in 2022 Form 10-K.
- No specific use of proceeds disclosed; the draw leaves $30 million still available under the facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1666071/000166607123000039/0001666071-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1666071/000166607123000039/cdlx-20230313.htm
  HTML page:      https://secwatch.observer/filing/0001666071-23-000039

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