ALKAMI TECHNOLOGY, INC. 8-K

What Happened

• Alkami Technology, Inc. announced on May 1, 2026 that it entered into the Fifth Amendment to its Amended and Restated Credit Agreement (originally dated April 29, 2022) with Silicon Valley Bank, a division of First‑Citizens Bank & Trust Company, as Administrative Agent and the other lenders.
• The Amendment specifically permits the Company to use up to $100,000,000 of its cash to repurchase its common stock. Except as amended, the remaining terms of the Credit Agreement remain in full force and effect.

Key Details

• Amendment date: May 1, 2026.
• Permitted repurchase amount: up to $100,000,000 of cash.
• Administrative Agent: Silicon Valley Bank, a division of First‑Citizens Bank & Trust Company.
• The Credit Agreement was originally dated April 29, 2022 and has been amended several times prior to this Fifth Amendment.

Why It Matters

• This amendment removes or relaxes a financing restriction by explicitly allowing Alkami to deploy up to $100M of cash for share repurchases, which can directly affect the company’s cash position if repurchases are executed.
• For investors, authorization for buybacks is a capital-allocation signal that may support earnings-per-share metrics and share price if the company elects to repurchase stock; it does not by itself require repurchases or change other credit terms.