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Financings

FLUENT Corp. Announces Amendment to Senior Secured Credit Agreement

By The Northwire Desk — AI Analysis Mar 18, 2026 · 08:15 FNT · 0.035
FNT · Price

Executive Summary

  • Fluent Corp. amended its senior secured credit agreement to draw an additional $6 million term loan with a 13% PIK interest rate, maturing on December 31 2026.
  • The proceeds are earmarked for working capital and general corporate purposes, strengthening the company’s balance sheet.
  • The amendment was executed with existing lenders and Chicago Atlantic Financial Services as successor administrative agent.

Key Details

  • Amendment Scope: Allows an incremental draw of $6,000,000 under the existing senior secured credit agreement dated November 26 2024.
  • Loan Terms: Term loan bears paid‑in‑kind (PIK) interest at 13.00% per annum; maturity date set for December 31 2026.
  • Use of Proceeds: Net proceeds will be used for working capital and general corporate purposes.
  • Counterparties: The amendment involves Fluent Corp., its Canadian and U.S. subsidiaries, the existing lenders, and Chicago Atlantic Financial Services, LLC (successor administrative agent to Chicago Atlantic Admin, LLC).
  • Documentation: Full text of the amendment will be filed on SEDAR+; a copy is available on the company’s profile at www.sedarplus.ca.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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