Company: CULP
Filing Date: 2025-06-16
Form Type: 8-K
Source: 0000950170-25-086879
Chunk: 2

Company: CULP INC
Filing Date: 2025-06-16
Form: 8-K
Item: Item 1.01
Chunk 2
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 charges in an amount not to exceed $1 million.

▪ Subject to certain conditions, the Company may make permitted investments in its foreign subsidiaries in an aggregate amount at any one time outstanding not to exceed $2 million.

▪ Certain other immaterial amendments as set forth in the Third Amendment filed as Exhibit 10.1 to this Form 8-K

Except for the amendments set forth in the Third Amendment, the text of the Credit Agreement and related documents remains unchanged and in full force and effect.

The description of the Third Amendment and the ABL Facility set forth herein is qualified in its entirety by reference to the Third Amendment filed as Exhibit 10.1 to this Form 8-K, which is incorporated by reference herein.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 of this Form 8-K is incorporated by reference into this Item 2.03.

Item 9.01 Financial Statements and Exhibits.

EXHIBIT INDEX

  Exhibit Number      Exhibit                                                                                                                                                                                               
  10.1                Third Amendment to Second Amended and Restated Credit Agreement, dated as of June 12, 2025, by and among Culp, Inc., as Borrower, Read Window Products, LLC and Culp Fabrics Global, LLC, as Guar...  
  104                 Cover Page Interactive Data File (embedded within the Inline XBRL document)