Item 1.01 Entry into a Material Definitive Agreement.
On
The Third Amendment provides for, among other things, (i) a decrease in the
required minimum Consolidated Interest Coverage Ratio (as defined in the Credit
Agreement) to 2.50 to 1.00 for the quarters ending on and after
Certain of the lenders under the Credit Agreement (and their respective subsidiaries or affiliates) have in the past provided, are currently providing or may in the future provide, investment banking, cash management, underwriting, lending, commercial banking, trust, leasing services, foreign exchange and other advisory services to, or engage in transactions with, the Company and its subsidiaries or affiliates. These parties have received, and may in the future receive, customary compensation from the Company and its subsidiaries or affiliates for such services.
The foregoing description of the Third Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Third Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number Description 10.1 Third Amendment, dated as ofNovember 28, 2022 , to Credit Agreement, dated as ofSeptember 3, 2021 , by and amongCorsair Gaming, Inc. , as borrower, and certain of its subsidiaries, as guarantors, the lender parties named therein, andBank of America, N.A . as administrative agent. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
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