Item 1.01 Entry into a Material Definitive Agreement

On March 5, 2021, SSE Holdings, LLC (the "Borrower"), a subsidiary of Shake Shack, Inc. (the "Company"), and certain of the Borrower's subsidiaries as guarantors, entered into an amendment (the "Third Amendment") to its revolving credit facility (the "Revolving Credit Facility"), dated as of August 2, 2019 (as amended from time to time, the "Credit Agreement"), with JPMorgan Chase Bank, N.A. (as successor agent to Wells Fargo Bank, National Association), as administrative agent, and the lenders party thereto. In addition, on March 5, 2021, Wells Fargo Bank resigned as administrative agent under the Credit Agreement and assigned its commitments thereunder to JPMorgan Bank, N.A. The Third Amendment appoints JPMorgan Bank, N.A. as administrative agent under the Credit Agreement. In addition, the Third Amendment, among other things, extends the maturity date of the Revolving Credit Facility from September 2022 to March 2026. The Company has no outstanding indebtedness under the Revolving Credit Facility.

The foregoing summary of the Third Amendment is not intended to be complete and is qualified in its entirety by reference to the full text of the Third Amendment, which is expected to be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarterly period ending March 25, 2021.

Item 9.01 Financial Statements and Exhibits.






(d) Exhibits.



Exhibit
Number    Exhibit Description
  104     Cover Page Interactive Data File

© Edgar Online, source Glimpses