Company: EVCM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001853145-25-000047
Chunk: 91

Company: EverCommerce Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 91
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.395 %125,000 93 The Swap Agreements are accounted for as derivatives whereby the fair value of each contract is reported within the unaudited condensed consolidated balance sheets, and related gains or losses resulting from changes in the fair value are reported in interest and other expense, net, on the unaudited condensed consolidated statements of operations and comprehensive loss. As of September 30, 2025, the fair value of the Initial and Second Swaps were a liability of $4.6 million, while the fair value of the Third Swap was an asset of $0.1 million, which are reported in other non-current liabilities and other non-current assets, respectively, on the unaudited condensed consolidated balance sheets. The related gains and losses resulting from changes in fair value was losses of $0.04 million and $8.1 million during the three months ended September 30, 2025 and 2024, respectively, and losses of $6.0 million and $2.3 million during the nine months ended September 30, 2025 and 2024, respectively.

16

EverCommerce Inc.Notes to Unaudited Condensed Consolidated Financial Statements

The Company’s Credit Facilities are subject to certain financial and nonfinancial covenants and are secured by substantially all assets of the Company. As of September 30, 2025, the Company was in compliance with all of its covenants.Aggregate maturities of the Company’s debt for the years ending December 31 are as follows as of September 30, 2025 (in thousands):Year ending December 31:2025 (remainder of year)$1,375 20265,500 20275,500 20285,500 20295,500 Thereafter504,625 Total aggregate maturities of the Company’s debt$528,000 

Note 12. EquityOn July 6, 2021, the Company filed an Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to authorize the issuance up to 2,050,000,000 shares, par value $0.00001 per share, consisting of 2,000,000,000 shares of common stock and 50,000,000 shares of preferred stock. On June 14, 2022, our Board approved a stock repurchase program (as subsequently amended, the “Repurchase Program”) with authorization to purchase up to $50.0 million