Fathom Holdings Inc. (FTHM) Form 8-K — Nov 3, 2026
Fathom Holdings entered a Third Omnibus Amendment on November 2, 2026, extending the maturity of its senior secured convertible promissory notes from November 1 to November 30, 2026 — a one-month extension that is the third amendment to these notes since May 2026. The amendment defers all accrued and future interest to the new maturity date, with the deferred balance itself accruing interest at 18% per annum, and adds a 0.5% weekly extension fee on any outstanding principal for each week past November 2, earned in full on November 30 even if repaid that day. Board chairman Scott Flanders is one of the note holders, making this a related-party transaction approved by independent directors.
Key figures
- Interest Rate
- 18
- Maturity Date
- 2026-11-30
- Prior amendments
- ["2026-05-29 Limited Waiver and Omnibus Amendment","2026-10-01 Second Omnibus Amendment"]
- Maturity extension days
- 29
- Weekly extension fee pct
- 0.5
- Extension fee trigger dates
- ["2026-11-09","2026-11-16","2026-11-23","2026-11-30"]
- Expense reimbursement cap usd
- 5000
AI analysis
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