Current Report Filing (8-k)
January 07 2021 - 4:06PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
December 31, 2020
CREATIVE REALITIES, INC.
(Exact name of registrant as specified in its
charter)
Minnesota
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001-33169
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41-1967918
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(State or other jurisdiction of
incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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13100 Magisterial Drive, Suite 100, Louisville, KY
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40223
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(Address of principal executive offices)
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(Zip Code)
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(502) 791-8800
(Registrant’s telephone number, including
area code)
Not applicable
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common Stock, par value $0.001 per share
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CREX
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The Nasdaq Stock Market LLC
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Warrants to purchase Common Stock
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CREXW
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The Nasdaq Stock Market LLC
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Item 1.01 Entry into a Material Definitive
Agreement.
Eleventh Amendment to Loan and Security
Agreement
On December 31, 2020, Creative Realities, Inc.
(the “Company”) entered into an Eleventh Amendment to Loan and Security Agreement (the “Amendment”) with
its subsidiaries and Slipstream Communications, LLC (“Lender”). Pursuant to the Amendment, the parties agreed to extend
the date on which the Lender’s existing $2,000,000.00 special loan to the Company (with accrued and unpaid interest) automatically
converts into a new class of senior preferred stock of the Company, from December 31, 2020 to January 31, 2021 (or upon an earlier
event of default).
The Amendment is filed as Exhibit 10.1 to this
report, and the foregoing description is qualified in its entirety by reference thereto.
Item 9.01 Financial Statements and Exhibits.
Exhibit No.
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Description
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10.1
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Eleventh Amendment to Loan and Security Agreement dated December 31, 2020 by and among the Company, its subsidiaries and Slipstream Communications, LLC.
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SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
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Creative Realities, Inc.
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(Registrant)
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Date: January 7, 2021
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By:
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/s/ Will Logan
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Will Logan
Chief Financial Officer
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