Redwire Corporation
08/29/2024 | Press release | Distributed by Public on 08/29/2024 14:07
Material Agreement Form 8 K
Item 1.01 - Entry into a Material Definitive Agreement
On August 28, 2024, Redwire Holdings, LLC, a Delaware limited liability company (the "Lead Borrower") and a wholly-owned subsidiary of Redwire Corporation, a Delaware corporation (the "Company"), and certain other subsidiaries of the Company, entered into a Ninth Amendment (the "Amendment") to the Credit Agreement, dated as of October 28, 2020, by and among Redwire Intermediate Holdings, LLC, a Delaware limited liability company, the Lead Borrower, the other borrowers party thereto from time to time, the other guarantors party thereto from time to time, Adams Street Credit Advisors, LP, as the administrative agent and collateral agent and as the sole lead arranger and sole bookrunner and the lenders party thereto from time to time, to increase commitments under the revolving credit facility from $45.0 million to $65.0 million.
Additionally, pursuant to the Amendment, the aggregate principal amount of outstanding revolving credit loans the Company is required to maintain increased from no less than $10.0 million to no less than $30.0 million.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.