Inventure Foods,Inc. (NASDAQ:SNAK) Files An 8-K Entry into a Material Definitive AgreementItem 1.01. Entry into a Material Definitive Agreement.
On September29, 2017,Inventure Foods,Inc. (the “Company”) and certain of its subsidiaries (collectively with the Company, the “Borrowers”) entered into a Limited Waiver and Sixth Amendment to Credit Agreement (the “Sixth Amendment”) with BSP Agency, LLC, a Delaware limited liability company (“BSP”), and the lenders (the “Lenders”) from time to time a party to the Credit Agreement (defined below), which further amended the Credit Agreement, dated as of November18, 2015, by and among the Borrowers, the Lenders, and BSP (as amended from time to time, the “Credit Agreement”). Under the terms of the Sixth Amendment, the Lenders agreed to (i)a further extension of the temporary waiver of the requirement under the Credit Agreement to deliver audited financial statements without a going concern opinion from September30, 2017 to October31, 2017, (ii)a temporary waiver of the financial covenants the Company was required to comply with under the Credit Agreement until October31, 2017, and (iii)amend certain other provisions of the Credit Agreement.
The foregoing description of the Sixth Amendment does not purport to be complete and is qualified in its entirety by reference to the Sixth Amendment, a copy of which is filed herewith as Exhibit10.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.