NerdWallet Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Other Events
$NRDS
EDP Services
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 27, 2024
(Exact name of registrant as specified in its charter)
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(415 ) 549-8913
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Item 1.01 Entry into a Material Definitive Agreement.
On October 1, 2024, NerdWallet, Inc. (the Company), entered into an amendment (the Second Amendment) to the Credit Agreement dated as of September 26, 2023 (the Credit Agreement) with JPMorgan Chase Bank, National Association, as administrative agent, and a syndicate of lenders. Among other things, the Second Amendment permits the Company to acquire an unrestricted subsidiary and/or to invest up to an aggregate of $15,000,000 in unrestricted subsidiaries in any fiscal year, subject to standard provisions and limitations for unrestricted subsidiaries.
Item 8.01 Other Events.
On September 27, 2024, the Company promoted Samuel Yount, age 43, to Chief Business Officer, effective October 1, 2024. Mr. Yount previously served as the Company’s Vice President, Consumer Credit. Prior to serving as Vice President, Consumer Credit, Mr. Yount served as the Company’s General Manager, Consumer Credit since July 11, 2022.
There are no family relationships between Mr. Yount and any other director, executive officer or nominees of the Company. There are no related party transactions between the Company and Mr. Yount that would require disclosure under Item 404(a) of Regulation S-K under the Exchange Act.
SIGNATURE
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.
| NERDWALLET, INC. | ||||||||||||||
| Date: | October 3, 2024 | By: | /s/ Ekumene M. Lysonge | |||||||||||
| Ekumene M. Lysonge | ||||||||||||||
Chief Legal Officer and Corporate Secretary | ||||||||||||||