1 unchanged sentence
Rule 10b5 - 1 Trading Plans
−Removed: During the quarter ended September 30, 2024 , none of the Company’s directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule 10b5 - 1 (c) or any “non-Rule 10b5 - 1 trading arrangement."
−Removed: Compensatory Arrangements of Certain Officers
−Removed: On November 13, 2024, the Company awarded Will Logan, Chief Financial Officer, a $50,000 bonus for his services rendered in 2023.
−Removed: Earnings Release
−Removed: On November 13, 2024, the Company issued a press release announcing its financial condition and results of operations for the three and nine months ended September 30, 2024 .
−Removed: A copy of the press release is furnished as Exhibit 99.1 and is incorporated by reference into this Item 5 in lieu of separately furnishing such press release under Item 2.02 of Form 8 -K.
−Removed: This disclosure, including Exhibit 99.1 hereto, shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
+Added: During the quarter ended March 31, 2025 , none of the Company’s directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule 10b5 - 1 (c) or any “non-Rule 10b5 - 1 trading arrangement.”
+Added: First Amendment to Credit Agreement
+Added: On May 12, 2025, First Merchants Bank, the Company and the Company’s subsidiaries executed a First Amendment to Credit Agreement.
+Added: The amendment provides that, effective March 31, 2025, the maximum Senior Funded Debt to EBITDA ratio as of March 31, 2025 and June 30, 2025 was increased from 3.75 to 1.00 to 4.00 to 1.00, and the maximum ratio as of September 30, 2025 and thereafter remains at 3.75 to 1.00.
INDEX TO EXHIBITS
1 unchanged sentence
Exhibit Description
−Removed: Lender Warrant dated October 17, 2024
−Removed: October 17, 2024
+Added: Third Amendment to Merger Agreement, dated February 17, 2025 by and among Creative Realities, Inc., Reflect Systems, Inc.
+Added: and RSI Exit Corporation
+Added: February 18, 2025
+Added: Amendment to Option Agreement dated February 17, 2025
+Added: February 21, 2025
+Added: Fourth Amendment to Merger Agreement dated February 23, 2025 by and among Creative Realities, Inc., Reflect Systems, Inc.
+Added: and RSI Exit Corporation
+Added: February 24, 2025
+Added: Form of Common Stock Purchase Warrant.
+Added: March 17, 2025
+Added: Settlement Agreement and Fifth Amendment to Merger Agreement dated March 14, 2025 by and among Creative Realities, Inc., Reflect Systems, Inc.
+Added: and RSI Exit Corporation
+Added: March 17, 2025
+Added: $4,000,000 Promissory Note dated March 14, 2025 payable to the order of RSI Exit Corporation
+Added: March 17, 2025
+Added: Subordination Agreement dated March 14, 2025 by and among Creative Realities, Inc., Reflect Systems, Inc., First Merchants Bank and RSI Exit Corporation.
+Added: March 17, 2025
+Added: Consent Agreement dated March 14,2025 by and among First Merchants Bank, Allure Global Solutions, Inc., Creative Realities, Inc.
+Added: and Reflect Systems, Inc.
+Added: March 17, 2025
+Added: First Amendment to Credit Agreement dated May 12, 2025 by and among First Merchant Bank, Creative Realities, Inc., Allure Global Solutions, Inc.
+Added: and Reflect Systems, Inc.
+Added: INDEX TO EXHIBITS
+Added: Incorporated by Reference
+Added: Exhibit Description
Chief Executive Officer Certification pursuant to Exchange Act Rule 13a-14(a).
4 unchanged sentences
Section 1350.
−Removed: Press Release dated November 13, 2024
Inline XBRL Instance Document
7 unchanged sentences
Creative Realities, Inc.
−Removed: November 13, 2024
/s/ Richard Mills
1 unchanged sentence
Chief Executive Officer
−Removed: /s/ Will Logan
−Removed: Chief Financial Officer
+Added: /s/ David Ryan Mudd
+Added: David Ryan Mudd
+Added: Interim Chief Financial Officer
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.