FlexShopper Enters Material Definitive Agreement
| Field | Detail |
|---|---|
| Company | Flexshopper, Inc. |
| Form Type | 8-K |
| Filed Date | Aug 25, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement
TL;DR
FlexShopper signed a big deal, details TBD.
AI Summary
FlexShopper, Inc. announced on August 22, 2025, that it has entered into a material definitive agreement. The filing does not provide specific details about the agreement, the other party involved, or any financial terms.
Why It Matters
This filing indicates a significant new contract or partnership for FlexShopper, which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and impact of the agreement.
Key Players & Entities
- FlexShopper, Inc. (company) — Registrant
- August 22, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by FlexShopper, Inc.?
The filing does not specify the nature of the material definitive agreement.
Who is the other party to this material definitive agreement?
The filing does not disclose the identity of the other party involved in the agreement.
What is the effective date of this material definitive agreement?
The earliest event reported is August 22, 2025, which is the date of the report.
Are there any financial terms or obligations associated with this agreement mentioned in the filing?
No financial terms or obligations related to the agreement are detailed in this filing.
Does this filing provide any context on why this agreement is considered 'material'?
The filing states it is a 'material definitive agreement' but does not provide specific reasons for its materiality.
Filing Stats: 525 words · 2 min read · ~2 pages · Grade level 13.3 · Accepted 2025-08-25 17:15:54
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share FPAY The Nasdaq Stock Mar
Filing Documents
- ea0254523-8k_flexshopper.htm (8-K) — 26KB
- 0001213900-25-080409.txt ( ) — 187KB
- fpay-20250822.xsd (EX-101.SCH) — 3KB
- fpay-20250822_lab.xml (EX-101.LAB) — 33KB
- fpay-20250822_pre.xml (EX-101.PRE) — 22KB
- ea0254523-8k_flexshopper_htm.xml (XML) — 4KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On August 18, 2025, FlexShopper 2, LLC and FlexShopper, LLC, subsidiaries of the Company, and Powerscourt Investments 50, LP, as administrative agent (the "Administrative Agent"), entered into a Limited Forbearance and Reaffirmation, dated as of August 16, 2025 (the "Forbearance and Reaffirmation"), as previously reported by the Company in its current report on Form 8-K filed on August 18, 2025 with the SEC. On August 22, 2025, the Administrative Agent extended the Forbearance Period specified in Section 1 of the Forbearance and Reaffirmation to be the period through the earlier of (i) September 3, 2025, and (ii) the occurrence of any additional Event of Default under the Credit Agreement or Servicer Default under the Servicing Agreement other than the Specified Defaults (as each such capitalized term is defined in the Forbearance and Reaffirmation). The Forbearance and Reaffirmation otherwise remains unmodified and in full force and effect. 1
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. FLEXSHOPPER, INC. Date: August 25, 2025 By: /s/ John Davis Name: John Davis Title: President and Chief Operating Officer 2