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Staffing 360 Solutions | 8-K: Current report

Staffing 360 Solutions | 8-K: Current report

Staffing 360 Solutions | 8-K:重大事件
美股SEC公告 ·  09/19 17:25

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On September 18, 2024, Staffing 360 Solutions entered into agreements to extend its debt maturities and credit facility. The company signed a Second Omnibus Amendment with Jackson Investment Group, extending the maturity of its Third Amended and Restated Note and Warrant Purchase Agreement to January 13, 2025. This amendment also extends the maturity dates of two senior secured notes to the same date.Concurrently, Staffing 360 Solutions executed Amendment No. 30 to its Credit and Security Agreement with MidCap Funding IV Trust, extending the Commitment Expiry Date to December 5, 2024. As part of this amendment, the company agreed to pay a $200,000 modification fee, which will be waived if all outstanding obligations are satisfied before December 5, 2024.Both amendments became effective on September 18, 2024, providing Staffing 360 Solutions with extended financial flexibility. These agreements demonstrate the company's proactive approach to managing its debt obligations and maintaining its credit facilities.
On September 18, 2024, Staffing 360 Solutions entered into agreements to extend its debt maturities and credit facility. The company signed a Second Omnibus Amendment with Jackson Investment Group, extending the maturity of its Third Amended and Restated Note and Warrant Purchase Agreement to January 13, 2025. This amendment also extends the maturity dates of two senior secured notes to the same date.Concurrently, Staffing 360 Solutions executed Amendment No. 30 to its Credit and Security Agreement with MidCap Funding IV Trust, extending the Commitment Expiry Date to December 5, 2024. As part of this amendment, the company agreed to pay a $200,000 modification fee, which will be waived if all outstanding obligations are satisfied before December 5, 2024.Both amendments became effective on September 18, 2024, providing Staffing 360 Solutions with extended financial flexibility. These agreements demonstrate the company's proactive approach to managing its debt obligations and maintaining its credit facilities.
2024年9月18日,Staffing 360 Solutions簽署協議以延長其債務到期和信貸額度。該公司與Jackson Investment Group簽署了第二次綜合修正案,將其第三次修訂和重述的票據及認股權證購買協議的到期日延長至2025年1月13日。此修正案還將兩張高級擔保票據的到期日延長至同一日期。與此同時,Staffing 360 Solutions與MidCap Funding IV Trust簽署了第30次修正案,延長了承諾到期日至2024年12月5日。作爲該修正案的一部分,公司同意支付200,000美元的修改費,如果所有未償還的義務在2024年12月5日之前得到滿足,該費用將被免除。這兩個修正案於2024年9月18日生效,爲Staffing 360 Solutions提供了更大的財務靈活性。這些協議展示了公司積極主動地管理其債務義務和維護信用額度。
2024年9月18日,Staffing 360 Solutions簽署協議以延長其債務到期和信貸額度。該公司與Jackson Investment Group簽署了第二次綜合修正案,將其第三次修訂和重述的票據及認股權證購買協議的到期日延長至2025年1月13日。此修正案還將兩張高級擔保票據的到期日延長至同一日期。與此同時,Staffing 360 Solutions與MidCap Funding IV Trust簽署了第30次修正案,延長了承諾到期日至2024年12月5日。作爲該修正案的一部分,公司同意支付200,000美元的修改費,如果所有未償還的義務在2024年12月5日之前得到滿足,該費用將被免除。這兩個修正案於2024年9月18日生效,爲Staffing 360 Solutions提供了更大的財務靈活性。這些協議展示了公司積極主動地管理其債務義務和維護信用額度。
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