RingCentral Enters Material Definitive Agreement

TL;DR

RCG inks new material deal, expect financial obligations.

AI Summary

RingCentral, Inc. announced on September 11, 2025, that it entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing includes financial statements and exhibits related to these events.

Why It Matters

This filing signals a significant new contract or financial commitment for RingCentral, which could impact its future financial performance and strategic direction.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce new risks related to performance, financing, and market conditions.

Key Players & Entities

• RingCentral, Inc. (company) — Registrant
• September 11, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.0001 — stered Class A Common Stock, par value $0.0001 RNG New York Stock Exchange Indicate
• $280.0 million — estated Credit Agreement provides for a $280.0 million revolving loan facility (the "Revolving
• $25.0 million — lity (the "Revolving Facility"), with a $25.0 million sublimit for the issuance of letters of
• $310.0 million — or the issuance of letters of credit, a $310.0 million initial term loan facility (the "Term F
• $650.0 million — n facility (the "Term Facility"), and a $650.0 million delayed draw term loan facility (the "D
• $325.0 million — Delayed Draw Term Facility in excess of $325.0 million expire, (ii) June 30, 2026 (the "Second
• $162.5 million — Delayed Draw Term Facility in excess of $162.5 million expire, and (iii) September 30, 2026 (t
• $620,000,000 — facilities of up to (a) the greater of $620,000,000 and 100% of last twelve months' EBITDA

Filing Documents

• rng-20250911.htm (8-K) — 37KB
• rng-20250912xex101.htm (EX-10.1) — 2411KB
• 0001384905-25-000045.txt ( ) — 2892KB
• rng-20250911.xsd (EX-101.SCH) — 2KB
• rng-20250911_lab.xml (EX-101.LAB) — 21KB
• rng-20250911_pre.xml (EX-101.PRE) — 12KB
• rng-20250911_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On September 11, 2025, RingCentral, Inc. (the "Company") entered into an Amendment and Restatement Agreement (the "Restatement Agreement"), among the Company, the other loan parties party thereto, the lenders party thereto and Bank of America, N.A., as administrative agent (in such capacity, the "Administrative Agent") and as collateral agent (in such capacity, the "Collateral Agent"). The Restatement Agreement amends and restates in its entirety and refinances the Company's existing Credit Agreement, dated as of February 14, 2023 (as amended prior to the Restatement Agreement, the "Existing Credit Agreement" and the Existing Credit Agreement, as amended and restated by the Restatement Agreement, the "Restated Credit Agreement"), among the Company, the lenders from time to time party thereto, the Administrative Agent and the Collateral Agent. The Restated Credit Agreement provides for a $280.0 million revolving loan facility (the "Revolving Facility"), with a $25.0 million sublimit for the issuance of letters of credit, a $310.0 million initial term loan facility (the "Term Facility"), and a $650.0 million delayed draw term loan facility (the "Delayed Draw Term Facility"). The obligations under the Restated Credit Agreement and the other loan documents are guaranteed by certain material domestic subsidiaries of the Company, and secured by substantially all of the personal property of the Company and such subsidiary guarantors. As of the closing date of the Restated Credit Agreement (the "Closing Date"), no Revolving Loans and $310.0 million of term loans were outstanding under the Restated Credit Agreement. Use of Proceeds; Termination of Term Loan Commitments; Maturity; Incremental Facilities. The proceeds of the loans under the Term Facility (the "Term Loans") made on the Closing Date, together with cash on hand, were used to repay the outstanding term loans under the Existing Credit Agreement and to pay rel

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No Description 10.1 Amendment and Restatement Agreement, dated as of September 11, 2025, among RingCentral, Inc., the other loan parties party thereto, the lenders party thereto and Bank of America, N.A., as administrative agent and as collateral agent 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

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. RINGCENTRAL, INC. a Delaware corporation Dated: September 12, 2025 By: /s/ Vaibhav Agarwal Name: Vaibhav Agarwal Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR