8-KFiled Aug 25, 8:00 PM ET

Synergy CHC Corp. Reports Loan Acceleration; ~$18.9M Due

$SNYR · Synergy CHC Corp.

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Synergy CHC Corp. Reports Loan Acceleration; ~$18.9M Due

What Happened
Synergy CHC Corp. filed an 8-K reporting it received a Notice of Acceleration from ACP Agency, LLC, the administrative and collateral agent under the Company’s Term Loan Credit Agreement (dated May 30, 2025, as amended). The notice, issued after Events of Default previously disclosed in the Company’s August 11, 2026 8-K, states that the required lenders have directed ACP to exercise remedies: all commitments under the Credit Agreement were terminated and all obligations were accelerated and declared immediately due and payable. As of August 21, 2026, approximately $18.9 million was immediately due and payable, exclusive of additional interest, fees, costs and expenses that continue to accrue.

Key Details

  • Administrative agent: ACP Agency, LLC; Credit Agreement originally dated May 30, 2025 (as amended).
  • Commitments under the Credit Agreement terminated; obligations accelerated and declared immediately due.
  • Amount accelerated: approximately $18.9 million as of August 21, 2026 (does not include further interest, fees, costs or expenses).
  • Acceleration follows Events of Default previously disclosed in the Company’s Form 8-K filed August 11, 2026.

Why It Matters
This filing means Synergy CHC now faces an immediate, material cash obligation (about $18.9M plus accruing charges) under its term loan. For investors, that materially increases near-term liquidity needs and will likely be a key factor in the company’s forthcoming financial disclosures and any discussions with lenders or other stakeholders. Monitor subsequent filings for updates on repayment, waivers, refinancing, or other lender actions.