FLUENT announces amendment to senior secured credit agreement

FLUENT entered into an amendment to its existing senior secured credit agreement, originally dated as of November 26, 2024, by and among FLUENT, its Canadian and US subsidiaries, the lenders party thereto and Chicago Atlantic Financial Services, LLC, as successor administrative agent to Chicago Atlantic Admin, LLC. Among other things, the Amendment permitted FLUENT to draw an additional $6,000,000 on the date of the Amendment in the form of term loans, which term loans bear a paid-in-kind interest rate of 13.00% per annum and is due to mature on December 31, 2026.