ZipRecruiter Inc. filed SEC Form 8-K: Creation of a Direct Financial Obligation
$ZIP
Computer Software: Programming Data Processing
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): July 8, 2024
(Exact name of registrant as specified in its charter)
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Item 2.03 Creation of a Direct Financial Obligation or an Off-Balance Sheet Arrangement.
On July 8, 2024, ZipRecruiter, Inc. (the “Company”), the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent, entered into a supplement (the “Supplement”) to that certain credit agreement, dated as of April 30, 2021 (as supplemented or amended to date, the “Credit Agreement”), by and among the Company, the lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent. The Supplement amends the Credit Agreement by increasing the aggregate revolving commitments available under the Credit Agreement from $250.0 million to $290.0 million, pursuant to the terms of the Credit Agreement. A summary of the material terms of the Credit Agreement is included in Note 9 of the Company’s financial statements contained in Item 8 of the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 28, 2024 (the “Annual Report”). The Credit Agreement, including all amendments thereto, were filed as Exhibits 10.16 through 10.18, 10.23 and 10.24 to the Annual Report.
The foregoing summary of the Supplement does not purport to be complete and is qualified in its entirety by reference to the full text of the Supplement, which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| ZIPRECRUITER, INC. | ||||||||
| Date: July 12, 2024 | By: | /s/ Timothy Yarbrough | ||||||
| Timothy Yarbrough | ||||||||
| Executive Vice President, Chief Financial Officer | ||||||||