Alliance Entertainment Enters and Terminates Agreements

TL;DR

AENT just signed and broke a deal on Oct 1st. Big moves happening.

AI Summary

Alliance Entertainment Holding Corp. entered into a material definitive agreement on October 1, 2025. The company also terminated a material definitive agreement on the same date. This filing is a current report (8-K) detailing these events.

Why It Matters

This filing indicates significant changes in Alliance Entertainment's contractual relationships, which could impact its operations and financial standing.

Risk Assessment

Risk Level: medium — The termination of a material definitive agreement can signal underlying business issues or strategic shifts that carry inherent risks.

Key Players & Entities

• Alliance Entertainment Holding Corp. (company) — Filer of the 8-K report
• October 1, 2025 (date) — Date of material definitive agreement entry and termination

FAQ

Key Financial Figures

• $0.0001 — tered Class A common stock, par value $0.0001 per share AENT The Nasdaq Stock Mar
• $11.50 — A common stock at an exercise price of $11.50 per share AENTW The Nasdaq Stock Ma
• $120.0 million — redit Agreement"), which provides for a $120.0 million senior secured revolving credit facilit
• $50.0 million — her Lenders) in an amount not to exceed $50.0 million and provides for a $3.0 million sub-lim
• $3.0 million — exceed $50.0 million and provides for a $3.0 million sub-limit for letters of credit. The Re
• $10 million — ement, to repay in full the outstanding $10 million subordinated loan previously made to th
• $20 million — d in the New Credit Agreement) and (ii) $20 million. The Revolving Credit Facility is sec

Filing Documents

• form8-k.htm (8-K) — 51KB
• ex10-1.htm (EX-10.1) — 1007KB
• ex99-1.htm (EX-99.1) — 19KB
• 0001493152-25-016711.txt ( ) — 1478KB
• aent-20251001.xsd (EX-101.SCH) — 4KB
• aent-20251001_def.xml (EX-101.DEF) — 26KB
• aent-20251001_lab.xml (EX-101.LAB) — 36KB
• aent-20251001_pre.xml (EX-101.PRE) — 25KB
• form8-k_htm.xml (XML) — 6KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 1, 2025 ALLIANCE ENTERTAINMENT HOLDING CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 001-40014 85-2373325 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) 8201 Peters Road , Suite 1000 Plantation , FL 33324 (Address of Principal Executive Offices) (Zip Code) (954) 255-4000 (Registrant's Telephone Number, Including Area Code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A common stock, par value $0.0001 per share AENT The Nasdaq Stock Market LLC Redeemable warrants, exercisable for shares of Class A common stock at an exercise price of $11.50 per share AENTW The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 1.01 Entry into a Material Definitive Agreement. On October 1, 2025, (the "Effective Date"), Alliance Entertainment Holding Corporation, a Delaware corporation (the "Company"), as Parent, and certain of its subsidiaries, as Borrowers and/or Guarantors (together with the Company, the "Loan Parties"), entered into a Loan and Security Agreement with Bank of America, N.A., as Agent, and the other Lenders party thereto from time to time (the "New Credit Agreement"), which provides for a $120.0 million senior secured revolving credit facility (the "Revolving Credit Facility"). The Revolving Credit Facility also permits, subject to the satisfaction of certain conditions, additional borrowings (with the consent of the Agent and the other Lenders) in an amount not to exceed $50.0 million and provides for a $3.0 million sub-limit for letters of credit. The Revolving Credit Facility matures on October 1, 2030 (the "Revolving Credit Facility Maturity Date"). The proceeds of the initial borrowings under the Revolving Credit Facility were used (i) to repay all outstanding obligations under the Loan and Security Agreement, dated as of December 31, 2023, by and among the Company, as parent and guarantor, each of its subsidiaries from time to time party thereto, as borrowers and guarantors, the lenders from time to time parties thereto, and White Oak Commercial Finance LLC, as administration agent and collateral agent (the "Existing Credit Agreement") and (ii) following the repayment of the Existing Credit Agreement, to repay in full the outstanding $10 million subordinated loan previously made to the Company by the Bruce Ogilvie, Jr. Trust dated January 20, 1994 (the "Ogilvie Trust Loan"). The repayment of the Ogilvie Trust Loan satisfied in full and extinguished all obligations of the Company under the related note. No early termination penalties or prepayment premiums were incurred in connection with the repayment of the Existing Credit Agreement or the Ogilvie Trust Loan. Borrowings under the Revolving Credit Facility bear interest at, at the Company's option, (i) a base rate (the greatest of (a) the Bank of America, N.A. prime rate, (b) the federal funds effective rate plus 0.50% or (c) the one-month term SOFR rate plus 1.0%), which shall not be less than 1.0%, plus a margin of 0.50% from the Effective Date until the end of March 2026 and 0.625% thereafter, or (ii) (x) the one-month term SOFR rate, which shall not be less than 0.0% or (y) the daily simple SOFR rate, which shall not be less than 0.0%, in each case, plus a margin of 1.50% from the Effective Date until the end of March 2026 and 1.625% thereafter. The Revolving Credit Facility also includes an unused commitment fee equal to 0.15% of the amount by which the aggreg

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View this 8-K filing on SEC EDGAR