Material Agreement, Financial Obligation (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement

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On September 18, 2026 (the "Effective Date"), Covista Inc. ("Covista" or "us") entered into Amendment No. 6 to Credit Agreement (the "Amendment"), by and among Covista, as borrower, the guarantors party thereto, the lender party thereto and Morgan Stanley Senior Funding, Inc., as administrative agent (in such capacity, the "Administrative Agent"), which amended our Credit Agreement, dated as of August 12, 2021 (as previously amended, the "Existing Credit Agreement", and the Existing Credit Agreement, as amended by the Amendment, the "Amended Credit Agreement"), by and among Covista, as borrower, the lenders party thereto from time to time and the Administrative Agent, in order to reprice all of Covista's outstanding term loans thereunder.

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The Amendment repriced all $510 million of term loans outstanding under the Existing Credit Agreement immediately prior to the Effective Date, reducing the interest rate on the term loans from (i) Term SOFR plus a margin of 2.25% (or, in the case of base rate loans, an alternate base rate plus a margin of 1.25%) to (ii) Term SOFR plus a margin of 2.00% (or, in the case of base rate loans, an alternate base rate plus a margin of 1.00%).

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The repriced term loans are subject to a 1.00% premium (a "soft call") on certain prepayments, repricings or amendments constituting a "Repricing Transaction" (as defined in the Amended Credit Agreement) occurring on or prior to the date that is six (6) months after the Effective Date.

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The Amendment did not materially change any of the other terms and conditions of the Existing Credit Agreement and, except as set forth herein, the repriced term loans have the same material terms as the term loans that were in effect immediately prior to the Effective Date.

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The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amended Credit Agreement, a copy of which is filed as Exhibit 10.1, and is incorporated herein by reference.

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Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated into this Item 2.03.

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