Form 8-K PARTS iD, Inc. For: Dec 19

Go back to Form 8-K PARTS iD, Inc. For: Dec 19

PARTS iD Inc. (ID) Files for Chapter 11 Bankruptcy

December 26, 2023 2:01 PM EST

PARTS iD Inc. (NYSE: ID) disclosed:

Item 1.01. Entry Into a Material Definitive Agreement.

The information set forth under the caption Bridge Loan / DIP Credit Agreement in Item 1.03 of this Current Report on Form 8-K is incorporated herein by reference.

Item 1.03. Bankruptcy or Receivership.

Bridge Loan / DIP Credit Agreement

On December 19, 2023, PARTS iD, Inc., a Delaware corporation (the Company) and its subsidiary PARTS iD, LLC, a Delaware limited liability company (PARTS iD, LLC and together with the Company, the Debtors) entered into a Credit Agreement (the Credit Agreement) with Fifth Star,... More