03/13/2026 | Press release | Distributed by Public on 03/13/2026 04:30
| ITEM 1.01 |
ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. |
On March 9, 2026, Karman Holdings Inc. (the "Company") entered into a Fourth Amendment to its Credit Agreement (the "Fourth Amendment"), which amends the Credit Agreement, dated as of April 1, 2025 (as amended by the First Amendment to Credit Agreement, dated as of May 27, 2025, Second Amendment to Credit Agreement, dated as of October 24, 2025 and Third Amendment to Credit Agreement, dated as of February 2, 2026) by and among the Company, Citibank, N.A., as Administrative Agent and Collateral Agent ("Citibank"), and the other parties thereto (as amended, the "Credit Agreement").
Under the terms of the Fourth Amendment, the Company (i) increased the revolving credit commitments by $100,000,000 such that the total revolving credit commitments are now $150,000,000 and (ii) removed the cap on incremental revolving credit commitments, which was previously $50,000,000.
The foregoing description of the Fourth Amendment does not purport to be complete and is subject to, and qualified in its entirety by, reference to the Fourth Amendment, a copy of which is attached hereto and filed as Exhibit 10.1 and incorporated herein by reference. Except as modified by the Fourth Amendment, the terms and conditions in the Credit Agreement remain the same as previously disclosed.
| ITEM 2.03 |
CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEETARRANGEMENT OF A REGISTRANT. |
Please see Item 1.01 above, which information is incorporated by reference into this Item 2.03.