AI brief of an SEC Form 8-K · Yelp (YELP)

Yelp amends revolving credit agreement, raising borrowing capacity to $325.0 million

Neutral Impact 3 of 5 financing Written later

Yelp entered into an amendment to its revolving credit agreement on December 18, 2025, raising total borrowing capacity to $325.0 million and naming Wells Fargo as the new administrative and collateral agent in place of JPMorgan Chase. No loans were outstanding as of the filing date, and letters of credit totaled $4.2 million. The filing states no material changes to interest, fees, covenants or events of default.

Key points

  • Total borrowing capacity increased to $325.0 million under the amended credit agreement
  • Letter of credit sub-limit increased to $35.0 million; $4.2 million of letters of credit were outstanding
  • No loans were outstanding as of the filing date
  • Wells Fargo Bank replaces JPMorgan Chase Bank as administrative and collateral agent

The filing

CompanyYelp (YELP)
Form8-K, current report
Filed with the SECDec 19, 2025, 4:06 PM ET
Accession number0001345016-25-000086

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, 6:59 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 19, 2025.

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.