Item 1.01. Entry into a Material Definitive Agreement.
On
The Third Amendment amends the original loan agreement that the Company and
Knight entered into in
On the TA Maturity Date, the Company will pay Knight a success fee (the "Success
Fee") of
The Third Amendment includes customary representations, warranties, and
affirmative and restrictive covenants, including covenants to attain and
maintain certain financial metrics, including an undertaking to maintain at all
times a cash balance of
The foregoing description of the Third Amendment does not purport to be complete
and is qualified in its entirety by reference to the Third Amendment, which will
be filed as an exhibit to our Quarterly Report on Form 10-Q for the quarter
ending
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information regarding the Loan Agreement in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
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