FlexShopper Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement
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CURRENT REPORT ON FORM 8-K
FlexShopper, Inc. (the “Company”)
August 22, 2025
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.
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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 | ||
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