Business Context and Reporting Period
Company: SoundThinking, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: February 7, 2024
Reporting Period: Event date February 7, 2024; Signed February 12, 2024.
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, or liquidity metrics. The report focuses exclusively on a material definitive agreement regarding debt maturity.
Material Changes
- Debt Restructuring: Entered into a Sixth Amendment to Credit Agreement with Umpqua Bank.
- Maturity Extension: Extended the maturity date of the existing Credit Agreement (originally dated September 27, 2018) from October 15, 2024, to October 15, 2025.
Guidance, Outlook, and Risks
The filing contains no management guidance, financial outlook, or discussion of risks and contingencies beyond the description of the credit agreement amendment. The text notes that the description of the Amendment is qualified in its entirety by reference to the attached Exhibit 10.1.
Investor Verification Checklist
- Verify the full terms of the Sixth Amendment to Credit Agreement in Exhibit 10.1.
- Confirm if the extension impacts interest rates, covenants, or repayment schedules.
- Review the company's most recent 10-K or 10-Q for current debt balances and liquidity status not included in this 8-K.