AI brief of an SEC Form 8-K · AUDIOEYE INC (AEYE)

AudioEye amends Western Alliance loan terms on litigation add-backs and stock buybacks

Neutral Impact 2 of 5 financing Written later

AudioEye signed a Fourth Loan Modification Agreement with Western Alliance Bank on September 18, 2026, amending its existing loan agreement. The amendment lets the company add back certain litigation expenses when calculating adjusted EBITDA and EBIDA, and it restates the cap on permitted stock buybacks for fiscal 2025 through 2027 as a single aggregate limit.

Key points

  • Litigation expense add-back of up to $5.0 million on a trailing twelve-month basis through December 31, 2026, then up to $3.0 million for 2027
  • Permitted Stock Buyback Amount for fiscal 2025, 2026 and 2027 capped at $7.0 million in aggregate, with a $2.0 million annual limit from fiscal 2028 onward
  • The original Loan and Security Agreement is dated March 31, 2025, and has been amended three times before this amendment

The filing

CompanyAUDIOEYE INC (AEYE)
Form8-K, current report
Filed with the SECSep 18, 2026, 4:10 PM ET
Accession number0001104659-26-108940

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 18, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.