The Joint Corp.
10/06/2025 | Press release | Distributed by Public on 10/06/2025 14:58
Material Agreement, Financial Obligation (Form 8-K)
Item 1.01. Entry Into a Material Definitive Agreement.
The information set forth below under Item 2.03 is hereby incorporated by reference into this Item 1.01.
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On September 30, 2025, we entered into a consent and third amendment to our existing credit agreement (the "2025 Amendment"), with JPMorgan Chase Bank, N.A., individually and as Administrative Agent, Issuing Bank, and Lender ("JPMorgan Chase" or the "Lender"). Among other things, the 2025 Amendment contains the consent of the Lender to our refranchising of all company owned or managed clinics and extends the revolving credit maturity date to August 31, 2027. The 2025 Amendment contains customary representations and warranties and conditions precedent.
The foregoing description of the 2025 Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the 2025 Amendment, which is attached as Exhibit 10.1, and incorporated herein by reference.
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