MaxPoint Interactive, Inc. (NASDAQ:MXPT) Files An 8-K Entry into a Material Definitive Agreement

MaxPoint Interactive, Inc. (NASDAQ:MXPT) Files An 8-K Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement.

On March 22, 2017, MaxPoint Interactive, Inc. (the Company) and
Silicon Valley Bank (the Lender) entered into a Fourth Amendment
to Loan and Security Agreement (the Fourth Loan Amendment),
amending that certain Loan and Security Agreement, dated as of
June 12, 2014, as amended by that certain First Amendment to Loan
and Security Agreement, dated as of February 12, 2015, as further
amended by that certain Second Amendment to Loan and Security
Agreement, dated as of March 8, 2016, and as further amended by
that certain Third Amendment to Loan and Security Agreement,
dated as of September 30, 2016. to the Fourth Loan Amendment, the
Lender agreed to, among other things, extend the maturity date to
March 31, 2018.
The foregoing description of the Fourth Amendment is qualified in
its entirety by reference to the complete copy of the Fourth
Amendment, which is filed as Exhibit 10.1 to this Current Report
on Form 8-K and is incorporated herein by reference.
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 herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No.
Description
10.1
Fourth Amendment to Loan and Security Agreement, dated
March 22, 2017, between the Registrant and Silicon
Valley Bank.


About MaxPoint Interactive, Inc. (NASDAQ:MXPT)

MaxPoint Interactive, Inc. is a marketing technology company. The Company provides business intelligence and marketing automation solution. The Company’s MaxPoint Intelligence Platform is a cloud-based software service that enables to predict local demand for national brands based on consumers’ purchase power and intent and manage customized digital advertisements containing in-store offers and promotions to reach consumers at a local level across display, mobile, social and video channels. Through marketing automation and direct integrations with real-time bidding (RTB) exchanges, the Company’s platform delivers customized digital advertisements containing product and store specific promotions to local consumers. The Company’s customers are located in the United States and Europe, and consist of enterprises with national brands in the consumer products, retail, automotive, financial services, healthcare, telecommunications and entertainment industries.

MaxPoint Interactive, Inc. (NASDAQ:MXPT) Recent Trading Information

MaxPoint Interactive, Inc. (NASDAQ:MXPT) closed its last trading session down -0.18 at 6.22 with 15,854 shares trading hands.

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