{"schema_version":"secwatch.filing_event.v1","accession":"0001845022-24-000004","form_type":"8-K","ticker":null,"cik":"0001845022","company_name":"Couchbase, Inc.","filed_at":"2024-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.957862+00:00","generated_at":"2026-06-06T04:57:51.572142+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Couchbase enters $25M revolving credit facility with MUFG Bank","bullets":["$25M senior secured revolver, 3-year term, from MUFG Bank, replacing prior SVB facility terminated June 2023.","Uncommitted accordion feature allows upsizing to $50M total.","Facility undrawn at close; proceeds for general business purposes.","Floating rate: Term SOFR + 3.0%; unused fee 0.25% per annum.","Secured by substantially all assets except IP; includes quarterly minimum adjusted EBITDA covenant."],"urls":{"canonical":"https://secwatch.observer/filing/0001845022-24-000004","json":"https://secwatch.observer/filing/0001845022-24-000004.json","markdown":"https://secwatch.observer/filing/0001845022-24-000004.md","text":"https://secwatch.observer/filing/0001845022-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1845022/000184502224000004/0001845022-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1845022/000184502224000004/base-20240207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:57:51.572142+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":[{"claim_id":"2f8f7b969f543c8eb00ce164fa09dfc8c787dd40","claim":"Couchbase, Inc. incurred revolving credit of up to $25.0 million with MUFG Bank, Ltd. at Term SOFR ... plus 3.0% maturing third anniversary of the closing date.","evidence_excerpt":"and MUFG Bank, Ltd., as lender (the “Lender”). The Loan Agreement provides for a three-year senior secured revolving loan facility in an aggregate principal amount of up to $25.0 million, including a letter of credit sublimit of up to $5.0 million. The revolving loan facility contains an uncommitted accordion feature pursuant to which the revolving loan facility","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1845022/000184502224000004/0001845022-24-000004-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $25.0 million"},{"label":"Counterparty","value":"MUFG Bank, Ltd."},{"label":"Rate","value":"Term SOFR ... plus 3.0%"},{"label":"Maturity","value":"third anniversary of the closing date"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"9bf32b3998ff8002a7c890102578d4c849f8257c","claim":"Couchbase, Inc. entered into Loan and Security Agreement with MUFG Bank, Ltd. valued at $25.0 million (effective 2024-02-07).","evidence_excerpt":"On February 7, 2024, Couchbase, Inc. (the “Company”) entered into a Loan and Security Agreement (the “Loan Agreement”), by and between the Company, as borrower, and MUFG Bank, Ltd., as lender (the “Lender”). The Loan Agreement provides for a three-year senior secured revolving loan facility in an aggregate principal amount of up to $25.0 million","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1845022/000184502224000004/0001845022-24-000004-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"MUFG Bank, Ltd."},{"label":"Value","value":"$25.0 million"},{"label":"Effective","value":"2024-02-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}