Company: ACCS
Filing Date: 2025-03-06
Form Type: 8-K
Source: 0001654954-25-002383
Chunk: 2

Company: ACCESS Newswire Inc.
Filing Date: 2025-03-06
Form: 8-K
Item: Item 1.01
Chunk 2
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,333,333 to $3,333,333; (ii) beginning on March 1, 2025, to reduce the monthly principal payments due by the Company to Pinnacle under the Term Loan from $333,333 to $72,464; (iii) to amend the financial covenants set forth in the Credit Agreement, as amended; and (iv) to release the Liens (as defined in the Credit Agreement) relating to the Purchased Assets.

The foregoing summary of the Third Modification to Credit Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Third Modification to Credit Agreement which is filed as Exhibit 10.2 hereto and is incorporated herein by reference.

Item 2.01 Completion of Acquisition or Disposition of Assets.