Cardlytics Inc.
10/03/2024 | Press release | Distributed by Public on 10/03/2024 14:04
Material Agreement Form 8 K
ITEM 1.01 Entry into a Material Definitive Agreement
On September 30, 2024, Cardlytics, Inc. (the "Company") entered into an amended and restated loan and security agreement (the "Agreement") by and among the Company, certain subsidiaries of the Company named therein and Banc of California, N.A ("Lender"), formerly known as Pacific Western Bank. The Agreement amends and restates the original Loan and Security Agreement, dated as of May 21, 2018, by and between Company and Lender, as subsequently amended (the "Existing Agreement"). The Agreement consolidates the Existing Agreement and all subsequent amendments thereto into a single document. Except for immaterial changes, the terms of the Agreement are consistent with the terms of the Existing Agreement, as described in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2024.
The foregoing description of the Agreement is not complete and is qualified in its entirety by reference to the Agreement, which the Company intends to file as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2024.