loanDepot, Inc. Files 8-K on Agreements and Obligations

Ticker: LDI · Form: 8-K · Filed: 2025-06-02T00:00:00.000Z

Sentiment: neutral

Topics: agreement, financial-obligation, filing

TL;DR

loanDepot filed an 8-K detailing new financial obligations and agreement terminations.

AI Summary

On May 28, 2025, loanDepot, Inc. filed an 8-K reporting the entry into and termination of a material definitive agreement, as well as the creation of a direct financial obligation. The filing also includes financial statements and exhibits.

Why It Matters

This filing indicates significant changes in loanDepot's contractual and financial commitments, which could impact its operational and financial standing.

Risk Assessment

Risk Level: medium — The filing involves material definitive agreements and financial obligations, suggesting potential shifts in the company's financial structure or strategic direction.

Key Players & Entities

FAQ

What specific material definitive agreement did loanDepot, Inc. enter into?

The filing indicates the entry into a material definitive agreement but does not specify its details in the provided text.

What material definitive agreement was terminated by loanDepot, Inc.?

The filing reports the termination of a material definitive agreement, but the specific agreement is not detailed in the provided text.

What is the nature of the direct financial obligation created by loanDepot, Inc.?

The filing states the creation of a direct financial obligation, but the specifics of this obligation are not elaborated in the provided text.

What is the significance of the 'Financial Statements and Exhibits' mentioned in the filing?

The inclusion of 'Financial Statements and Exhibits' suggests that supporting financial data and relevant documents are being provided alongside the reported events.

When was loanDepot, Inc. incorporated or organized?

loanDepot, Inc. is incorporated in Delaware, as indicated by the filing.

From the Filing

0001831631-25-000088.txt : 20250602 0001831631-25-000088.hdr.sgml : 20250602 20250602170019 ACCESSION NUMBER: 0001831631-25-000088 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250528 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250602 DATE AS OF CHANGE: 20250602 FILER: COMPANY DATA: COMPANY CONFORMED NAME: loanDepot, Inc. CENTRAL INDEX KEY: 0001831631 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 02 Finance EIN: 853948939 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40003 FILM NUMBER: 251015904 BUSINESS ADDRESS: STREET 1: 6561 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: (949) 434-5964 MAIL ADDRESS: STREET 1: 6561 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 8-K 1 ldi-20250528.htm 8-K ldi-20250528 FALSE 0001831631 0001831631 2025-04-15 2025-04-15 UNITED STATES 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 (or date of earliest event reported): May 28, 2025 _____________________ loanDepot, Inc. (Exact Name of Registrant as Specified in its Charter) _____________________ Delaware 001-40003 85-3948939 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification Number) 6561 Irvine Center Drive Irvine , California 92618 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code: (888)   337-6888 _____________________ 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, $0.001 Par Value LDI New York Stock Exchange 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.   o Item 1.01 Entry into a Material Definitive Agreement. Series 2025-GT1 Indenture Supplement On May 28, 2025, loanDepot.com, LLC (the “Company”), an indirect subsidiary of loanDepot, Inc., and the Company’s wholly-owned subsidiary loanDepot GMSR Master Trust (the “Issuer”) entered into the Series 2025-GT1 Indenture Supplement (the “Series 2025-GT1 Indenture Supplement”), by and among the Issuer, Citibank, N.A., as indenture trustee, calculation agent, paying agent and securities intermediary (in all such capacities, the “Indenture Trustee”), the Company

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