InfuSystem Holdings, Inc. (NYSEMKT:INFU) Files An 8-K Entry into a Material Definitive Agreement
Item1.01.
| Entry into a Material Agreement. |
On May11, 2017, InfuSystem Holdings, Inc. (the Company) and
certain of the Companys subsidiaries entered into a limited
waiver (the Waiver) with JPMorgan Chase Bank, N.A. (the Lender)
under that certain Credit Agreement, dated as of March23, 2015
(the Credit Agreement), by and among the Company, certain of the
Companys subsidiaries and the Lender. to the Waiver, the Lender
agreed to waive the event of default resulting from the Companys
failure to comply with the leverage ratio covenant described in
Section6.12(a) of the Credit Agreement for the quarter ended
March31, 2017.
Except as expressly provided in the Waiver, the terms and
conditions of the Credit Agreement remain in full force and
effect.
The foregoing description of the Waiver and the Credit Agreement
is only a summary of, and does not purport to be a complete
statement of, the Waiver and the Credit Agreement and the rights
and obligations of the parties thereunder, and is qualified in
its entirety by reference to the full text of the Waiver, which
is attached as Exhibit 10.1 to this report and
incorporated herein by this reference, and to the full text of
the Credit Agreement, which has been previously filed with the
Securities and Exchange Commission and is incorporated herein by
reference.
| Item2.02. |
Results of Operations and Financial Condition |
On May11, 2017, InfuSystem Holdings, Inc. issued a press release
reporting its financial results for the first quarter ended
March31, 2017. A copy of the press release is furnished as an
exhibit to this Form 8-K.
| Item9.01. | Financial Statements and Exhibits |
| (d) | Exhibits |
| 10.1 |
Waiver, dated May11, 2017, by and among InfuSystem Holdings, Inc., certain of its subsidiaries and JPMorgan Chase Bank, N.A. |
|
| 99.1 |
Press Release of InfuSystem Holdings, Inc. dated May 11, 2017. |
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About InfuSystem Holdings, Inc. (NYSEMKT:INFU)
InfuSystem Holdings, Inc. is a provider of infusion pumps and related products and services for patients in the home, oncology clinics, ambulatory surgery centers and other sites of care. The Company delivers local, field-based customer support and also operates pump service and repair Centers of Excellence in Michigan, Kansas, California, Texas and Ontario, Canada. Its service is to supply electronic ambulatory infusion pumps and associated disposable supply kits to oncology clinics, infusion clinics and hospital outpatient chemotherapy clinics for the treatment of a range of cancers, including colorectal cancer, pain management and other disease states. It sells or rents new and pre-owned pole mounted and ambulatory infusion pumps to, and provides biomedical recertification, maintenance and repair services for oncology practices, as well as other alternate site settings, including home care and home infusion providers, skilled nursing facilities, pain centers and others. InfuSystem Holdings, Inc. (NYSEMKT:INFU) Recent Trading Information
InfuSystem Holdings, Inc. (NYSEMKT:INFU) closed its last trading session 00.00 at 1.90 with 9,244 shares trading hands.