Lucky Strike Entertainment Corp Enters Material Agreement

TL;DR

Lucky Strike just signed a big deal, creating new financial obligations. Details in the 8-K.

AI Summary

Lucky Strike Entertainment Corporation entered into a material definitive agreement on September 22, 2025. This agreement creates a direct financial obligation for the registrant. The filing also includes financial statements and exhibits related to this event.

Why It Matters

This filing indicates a significant new financial commitment or transaction for Lucky Strike Entertainment, which could impact its financial obligations and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce financial risks and operational changes that warrant careful consideration.

Key Players & Entities

• Lucky Strike Entertainment Corporation (company) — Registrant
• September 22, 2025 (date) — Date of material definitive agreement
• September 23, 2025 (date) — Filing date

FAQ

Key Financial Figures

• $0.0001 — tered Class A common stock, par value $0.0001 LUCK The New York Stock Exchange
• $500.0 million — ed the previously announced offering of $500.0 million aggregate principal amount of 7.250% se
• $1.28 billion — ment (as defined below), which included $1.28 billion outstanding under an existing first lie
• $230.0 million — under an existing first lien term loan, $230.0 million outstanding under a 364-day bridge loan
• $1,200.0 million — for a refinancing term loan facility of $1,200.0 million with a seven-year term to maturity (the
• $425.0 million — ies"), which has initial commitments of $425.0 million and a five-year term. The New Senior S

Filing Documents

• dp234654_8k.htm (8-K) — 39KB
• dp234654_ex0401.htm (EX-4.1) — 1235KB
• dp234654_ex1001.htm (EX-10.1) — 2107KB
• 0000950103-25-011980.txt ( ) — 4261KB
• luck-20250922.xsd (EX-101.SCH) — 3KB
• luck-20250922_lab.xml (EX-101.LAB) — 33KB
• luck-20250922_pre.xml (EX-101.PRE) — 22KB
• dp234654_8k_htm.xml (XML) — 4KB

01 Entry into a Material Agreement

Item 1.01 Entry into a Material Agreement. Secured Notes Offering On September 22, 2025, Kingpin Holdings Intermediate LLC (the "Issuer"), a subsidiary of Lucky Strike Entertainment Corporation (the "Company"), completed the previously announced offering of $500.0 million aggregate principal amount of 7.250% senior secured notes due 2032 (the "Notes"). The Notes were offered in the United States and sold to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons pursuant to Regulation S under the Securities Act. The net proceeds from the Notes offering, together with the proceeds from the New Term Loan Facility (as defined below), were used to repay in full all outstanding borrowings under the Issuer's Existing Credit Agreement (as defined below), which included $1.28 billion outstanding under an existing first lien term loan, $230.0 million outstanding under a 364-day bridge loan and all outstanding borrowings under an existing revolving credit facility. The Notes were issued pursuant to the indenture, dated as of September 22, 2025 (the "Indenture"), by and among the Issuer, the guarantors named therein (including the Company) and U.S. Bank Trust Company, National Association, as trustee and as notes collateral agent. The Notes bear interest at the rate of 7.250% per annum and will mature on October 15, 2032. Interest on the Notes will be payable semi-annually in arrears on April 15 and October 15 of each year, beginning on April 15, 2026. The Notes are initially jointly and severally guaranteed on a senior secured basis by the Company and each of the Issuer's subsidiaries that is a guarantor under the Amended Credit Agreement (as defined below) (the "Note Guarantors" and each, a "Note Guarantor"). The Notes and the guarantees are the Issuer's and the Note Guarantors' senior secured obligations, and are secured, subject to permitted l

03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information included in Item 1.01 above is incorporated by reference into this Item 2.03.

01 Exhibits

Item 9.01 Exhibits (d) Exhibits. Exhibit No. Description 4.1 Indenture, dated as of September 22, 2025, by and among Lucky Strike Entertainment Corporation, Kingpin Intermediate Holdings LLC, as issuer, the other guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee and as notes collateral agent. 10.1 Fifteenth Amendment to the First Lien Credit Agreement, dated as of July 3, 2017, by and among Lucky Strike Entertainment Corporation (f/k/a Bowlero Corp.), Kingpin Intermediate Holdings LLC, as the borrower, JPMorgan Chase Bank, N.A., as the administrative agent, and the lenders from time to time party thereto, dated September 22, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LUCKY STRIKE ENTERTAINMENT CORPORATION Date: September 23, 2025 By: /s/ Robert M. Lavan Name: Robert M. Lavan Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR