Sleep Number Corp (SNBR) Form 8-K — Jun 16, 2026

Sleep Number Corporation filed a Form 8-K regarding the entry into a Fourteenth Amendment to its credit agreement, securing up to $260 million in debtor-in-possession (DIP) financing. This financing supports the company's operations following its voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the Southern District of New York. The DIP facility includes $65 million in new superpriority term loans and $195 million in roll-up loans to cover prepetition obligations. The loans bear interest at a rate of SOFR plus 8.00% or a base rate plus 7.00% and are scheduled to mature on September 16, 2026.

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