Brand House Collective Files 8-K on Material Agreements

TL;DR

BHSE filed an 8-K today, looks like they're entering new financial agreements and changing security holder rights.

AI Summary

On September 15, 2025, Brand House Collective, Inc. (formerly Kirkland's, Inc.) filed an 8-K detailing a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, and material modifications to the rights of security holders.

Why It Matters

This filing signals significant changes in Brand House Collective's financial obligations and security holder rights, which could impact investors and the company's operational structure.

Risk Assessment

Risk Level: medium — The filing indicates material changes to financial obligations and security holder rights, which inherently carries a medium level of risk due to potential impacts on the company's financial health and investor confidence.

Key Players & Entities

• BRAND HOUSE COLLECTIVE, INC. (company) — Registrant
• KIRKLAND'S, INC (company) — Former Company Name
• September 15, 2025 (date) — Date of Report

FAQ

Key Financial Figures

• $20 million — aggregate original principal amount of $20 million (the "Beyond Delayed Draw Term Loan Com
• $5 million — t"), increasing the purchase price from $5 million to $10 million. The consummation of the
• $10 million — g the purchase price from $5 million to $10 million. The consummation of the Purchase Agree

Filing Documents

• kirk20250909_8k.htm (8-K) — 34KB
• ex_861143.htm (EX-10.1) — 66KB
• ex_861144.htm (EX-10.2) — 23KB
• ex_861145.htm (EX-10.3) — 75KB
• ex_861146.htm (EX-10.4) — 89KB
• bbbylogo.jpg (GRAPHIC) — 10KB
• 0001437749-25-029062.txt ( ) — 481KB
• tbhc-20250915.xsd (EX-101.SCH) — 3KB
• tbhc-20250915_def.xml (EX-101.DEF) — 12KB
• tbhc-20250915_lab.xml (EX-101.LAB) — 16KB
• tbhc-20250915_pre.xml (EX-101.PRE) — 12KB
• kirk20250909_8k_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement On September 15, 2025, The Brand House Collective, Inc. (the "Company" or "Brand House Collective") and its subsidiaries entered into Amendment No. 1 to the Amended and Restated Term Loan Credit Agreement with Bed Bath & Beyond, Inc. (formerly known as Beyond, Inc.) ("Beyond") (the "Beyond Amendment") amending the previous Amended and Restated Term Loan Credit Agreement dated May 7, 2025 among Brand House Collective and its subsidiaries and Beyond (the "Existing Beyond Credit Agreement", and the Existing Credit Agreement as amended by the Beyond Amendment, the "Amended Beyond Credit Agreement"). Pursuant to the terms of the Amended Beyond Credit Agreement, new delayed-draw term loan commitments in an aggregate original principal amount of $20 million (the "Beyond Delayed Draw Term Loan Commitments") were established. The Company also entered into a Fourth Amendment to the Third Amended and Restated Credit Agreement (the "Fourth Amendment") with Bank of America, N.A., as Administrative Agent and Collateral Agent for the Lenders (in such capacities, the "Agent"), which amends that certain Third Amended and Restated Credit Agreement dated as of March 31, 2023 (as amended, restated, amended and restated, supplemented or otherwise modified prior to the date hereof, the "2023 Credit Agreement"). Among other amendments, the Fourth Amendment was entered into to (i) permit the Beyond Delayed Draw Term Loan Commitments, (ii) adjust the definition of change of control with respect to Beyond by increasing the allowable ownership percentage from 65% to 75%, and (iii) consent to the transactions that are subject to the Purchase Agreement and release its lien on the Kirkland's Brand (each as defined below). The Company previously entered into the Asset Purchase Agreement dated May 7, 2025 (the "Existing Purchase Agreement") by and between the Company and Beyond, pursuant to which Beyond has the right to purchase the Company'

03 Material Modification to Rights of Security Holders

Item 3.03 Material Modification to Rights of Security Holders The information set forth under Item 1.01 above is incorporated by reference into this Item 3.03.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 Amendment No. 1 to Amended and Restated Term Loan Credit Agreement dated as of September 15, 2025, by and between Kirkland's Stores, Inc., as Lead Borrower, the other Borrowers named therein, the Guarantors named therein, Bed Bath & Beyond, Inc., as Administrative Agent and Collateral Agent and the Lenders party thereto. 10.2 Amendment No. 1 to Asset Purchase Agreement dated as of September 15, 2025, by and between The Brand House Collective, Inc. and Bed Bath & Beyond, Inc. 10.3 Fourth Amendment to Third Amended and Restated Credit Agreement dated as of September 15, 2025, by and between Kirkland's Stores, Inc., as Lead Borrower, the other Borrowers named therein, the Guarantors named therein, Bank of America, N.A. as Administrative Agent and Collateral Agent, and the Lenders party thereto. 10.4 Second Amended and Restated Trademark License Agreement dated as of September 15, 2025, by and between Bed Bath & Beyond, Inc. and The Brand House Collective, Inc. 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. The Brand House Collective, Inc. September 15, 2025 By: /s/ Michael W. Sheridan Name: Michael W. Sheridan Title: Senior Vice President, General Counsel and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR