Nerdwallet, Inc 8-K, filed Jun 18, 2025
Nerdwallet, Inc. (NRDS)
About this 8-K
Nerdwallet, Inc filed this 8-K on June 18, 2025, reporting on events of June 13, 2025.
Items reported
- Item 1.01: Entered into a material agreement
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 1.01 | Entry into a Material Definitive Agreement. |
On June 13, 2025, NerdWallet, Inc. (the Company), entered into an amendment (the Third Amendment) to the Credit Agreement dated as of September 26, 2023, as amended from time to time, by and among, the Company, JPMorgan Chase Bank, National Association, as administrative agent, and a syndicate of lenders (the Credit Agreement). Among other things, the Third Amendment (i) designates certain wholly-owned subsidiaries of the Company as unrestricted subsidiaries and permits those subsidiaries to make acquisitions, (ii) permits the Company to invest up to an aggregate of $20,000,000 in unrestricted subsidiaries in any fiscal year, (iii) permits the Company to designate future subsidiaries as unrestricted subsidiaries subject to standard provisions and limitations for unrestricted subsidiaries, and (iv) provides for the waiver of certain post-closing deliverables from the original closing of the Credit Agreement. Other than the foregoing, the material terms of the Credit Agreement remain unchanged.
The foregoing description of the Third Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Third Amendment, which will be filed as an exhibit to the Company’s Form 10-Q for the quarter ended June 30, 2025.
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 thereunto duly authorized.
| NERDWALLET, INC. | ||||||
| Date: June 18, 2025 | By: | /s/ Jun Hyung Lee | ||||
| Jun Hyung Lee | ||||||
| Chief Financial Officer | ||||||