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AI brief of an SEC Form 8-K · Fox Factory (FOXF)

Fox Factory amends credit agreement with new covenant relief period

Neutral Impact 3 of 5 financing Written later

Fox Factory Holding Corp. entered into a Fourth Amendment to its credit agreement with Wells Fargo Bank, National Association, as administrative agent, on December 20, 2024. The amendment loosens the Consolidated Net Leverage Ratio and Consolidated Interest Coverage Ratio covenants and adds a temporary Covenant Relief Period with tighter limits on certain investments and acquisitions.

Key points

  • Fourth Amendment dated December 20, 2024 amends the credit agreement originally dated April 5, 2022
  • Net leverage and interest coverage covenants revised to provide the company additional flexibility
  • During the Covenant Relief Period, limits apply to certain investments and acquisitions
  • Full amendment filed as Exhibit 10.1; the filing does not disclose dollar amounts or the covenant levels

The filing

CompanyFox Factory (FOXF)
Form8-K, current report
Filed with the SECDec 20, 2024, 4:02 PM ET
Accession number0001424929-24-000135

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

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 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 December 20, 2024.

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.