SNYRQ 8-K
Synergy CHC Corp. (SNYRQ)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 2.04. Triggering Events That Accelerate or Increase a Direct Financial Obligation
On August 11, 2026, Synergy CHC Corp. (the “Company”) received a notice of default (the “Default Notice”) from ACP Agency, LLC, as administrative agent and collateral agent (“ACP”), under the Company’s Term Loan Credit Agreement, dated as of May 30, 2025 (as amended, the “Credit Agreement”).
In the Default Notice, ACP asserted that an Event of Default occurred under the Credit Agreement as a result of the Company’s failure to make the interest payment due on August 3, 2026 following expiration of the applicable cure period on August 6, 2026. ACP further asserted that, as a result of such Event of Default, the forbearance period under the Forbearance Agreement, dated as of May 28, 2026, terminated on August 6, 2026, and that a forbearance fee of $404,173.06 is due and payable.
As of the date of this Current Report on Form 8-K, approximately $17.6 million principal amount of borrowings remains outstanding under the Credit Agreement, exclusive of accrued interest, fees and expenses. ACP has reserved its rights and remedies under the Credit Agreement and related loan documents, including the right to charge interest at the post-default rate, accelerate the obligations and exercise other rights and remedies available thereunder.
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SIGNATURES
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.
| Date: August 11, 2026 | ||
| SYNERGY CHC CORP. | ||
| By: | /s/ Jack Ross | |
| Name: | Jack Ross | |
| Title: | Chief Executive Officer | |
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