{"schema_version":"secwatch.filing_event.v1","accession":"0001853145-25-000030","form_type":"8-K","ticker":"EVCM","cik":"0001853145","company_name":"EverCommerce Inc.","filed_at":"2025-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.369384+00:00","generated_at":"2026-05-17T23:11:40.055049+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"EverCommerce refinances $529.4M term loan, extends maturity to 2031, reduces margin 25 bps","bullets":["Refinanced existing $529.4M term loan with new Term B-2 Loans at par, maturity extended to July 6, 2031.","Interest rate margins reduced 25 bps: Term B-2 at SOFR+2.25% (0.50% floor); revolver at SOFR+2.00%.","$125M of revolver commitments extended to July 29, 2030, with reduced ABR margin to 1.00%.","No change in total debt principal; proceeds used solely to repay existing term loans.","Other terms and conditions of the credit agreement remain substantially unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001853145-25-000030","json":"https://secwatch.observer/filing/0001853145-25-000030.json","markdown":"https://secwatch.observer/filing/0001853145-25-000030.md","text":"https://secwatch.observer/filing/0001853145-25-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1853145/000185314525000030/0001853145-25-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1853145/000185314525000030/evcm-20250729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T23:11:40.055049+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":"fffa94da2fa4cc79b4b679b0f0cddfe082b8e881","claim":"EverCommerce Inc. amended credit facility of $529.4 million with Royal Bank of Canada at Term SOFR plus an applicable margin of 2.25% maturing July 6, 2031.","evidence_excerpt":"The Amendment, among other things, (i) refinances the existing $529.4 million term loan facility in its entirety with a new class of Term B-2 Loans in an aggregate principal amount of $529.4 million, (ii) extends the maturity date of the Term B-2 Loans to July 6, 2031, and (iii) reduces the applicable margin by 25 basis points with respect to all term loans.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1853145/000185314525000030/0001853145-25-000030-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$529.4 million"},{"label":"Counterparty","value":"Royal Bank of Canada"},{"label":"Rate","value":"Term SOFR plus an applicable margin of 2.25%"},{"label":"Maturity","value":"July 6, 2031"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}