---
schema_version: "secwatch.filing_event.v1"
accession: "0001823878-23-000041"
form_type: "8-K"
ticker: "MYPS"
cik: "0001823878"
company_name: "PLAYSTUDIOS, Inc."
filed_at: "2023-08-18T23:59:59+00:00"
generated_at: "2026-06-11T07:02:03.749157+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# PLAYSTUDIOS amends credit agreement to permit equity repurchases for tax withholding; Brainium joins as guarantor

## Summary
- Amendment No. 3 allows share repurchases to cover exercise price or tax withholding on equity awards.
- Brainium Studios, LLC becomes a Loan Party and guarantor under the existing credit facility.
- Also corrects a typo in the Restricted Payments covenant (changing 'greater than' to 'less than').

## SEC filing metadata
- accession: 0001823878-23-000041
- form_type: 8-K
- ticker: MYPS
- cik: 0001823878
- company_name: PLAYSTUDIOS, Inc.
- filed_at: 2023-08-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823878/000182387823000041/0001823878-23-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823878/000182387823000041/myps-20230816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001823878-23-000041
- JSON: https://secwatch.observer/filing/0001823878-23-000041.json
- Plain text: https://secwatch.observer/filing/0001823878-23-000041.txt

## Key facts
- Material Agreements
  PLAYSTUDIOS, Inc. amended Amendment No. 3 to Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent (effective 2023-08-16).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent
  - Effective: 2023-08-16
  source text: On August 16, 2023, PLAYSTUDIOS, Inc. (the “Company”), PLAYSTUDIOS US, LLC, a subsidiary of the Company (the “Borrower”), the Lenders party thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent, entered into an Amendment No. 3 to Credit Agreement (the “Amendment No. 3”), which amended the Credit Agreement dated as of June 24, 2021 by and among such parties (as previously amended by Amendment No. 1 to Credit Agreement dated as of May 13, 2022 and by Amendment No. 2 to Credit Agreement dated as of August 9, 2022, the “Credit Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823878/000182387823000041/0001823878-23-000041-index.htm
- Material Agreements
  PLAYSTUDIOS, Inc. entered into Joinder Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent (effective 2023-08-16).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent
  - Effective: 2023-08-16
  source text: In addition, on August 16, 2023, Brainium Studios, LLC (“Brainium), a subsidiary of the Company, and JPMorgan Chase Bank, N.A., in its capacity as Administrative Agent under the Credit Agreement, entered into a Joinder Agreement (the “Brainium Joinder Agreement”) pursuant to which Brainium will be deemed to be a Loan Party under the Credit Agreement and a Loan Guarantor
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823878/000182387823000041/0001823878-23-000041-index.htm

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