Fluent, Inc. 10-Q

Item 5. Other Information.   Because this Quarterly Report on Form 10-Q is being filed within four business days after the applicable triggering events, the information below is being disclosed under this Item 5 instead of under Item 1.01 (Entry into a Material Definitive Agreement), Item 2.03 (Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant) and Item 3.03 (Material Modification to Rights of Security Holders) of Form 8-K.   On August 21, 2023, Fluent, LLC entered into a fourth amendment to the Credit Agreement with certain subsidiaries of Fluent, LLC as guarantors, and Citizens Bank, N.A. (“Citizens Bank”) as administrative agent, lead arranger and bookrunner, which (i) adjusted certain financial covenants for the remaining fiscal quarters of 2023, (ii) temporarily adjusted interest rates, (iii) permitted Citizens Bank to retain a business consultant at Fluent, LLC’s expense to advise on the credit parties’ financial and operating performance; (iv) required weekly liquidity reports to Citizens Bank, (iv) required a $5 million prepayment of the Term Loan, and (v) adjusted the Revolving Loans by the same amount to $10 million.   37 Table of Contents   Item 6. Exhibits.   The following exhibits are filed as part of, or incorporated by reference into, this Quarterly Report on Form 10-Q.             Incorporated by Reference   Filed Exhibit No.   Exhibit Description   Form   File No.   Exhibit   Filing Date   Herewith 3.1   Certificate of Domestication   8-K   001-37893   3.1   3/26/2015                               3.2   Certificate of Incorporation   8-K   001-37893   3.2   3/26/2015                               3.3   Certificate of Amendment to the Certificate of Incorporation   8-K   001-37893   3.1   9/26/2016                               3.4   Certificate of Amendment to the Certificate of Incorporation   8-K   001-37893   3.1   4/16/2018                               3.5   Amended and Restated Bylaws   8-K   001-37893   3.2   2/19/2019                               10.1   Third Amendment to Credit Agreement                   X                           10.2+   Form of Restricted Stock Unit Award Grant Notice (2022 Long Term Incentive Plan)                   X                           10.3+   Form of Restricted Stock Unit Award Grant Notice (2022 Omnibus Equity Incentive Plan)                   X                           10.4+   Form of 2022 Performance Share Unit Agreement                   X                           10.5+   Form of Stock Option Grant Notice and Option Agreement (2022 Omnibus Equity Incentive Plan)                   X                           10.6   Fourth Amendment to Credit Agreement                   X                           31.1   Certification of Chief Executive Officer filed pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a) of the Securities and Exchange Act of 1934 as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                   X 31.2   Certification of Interim Chief Financial Officer filed pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a) of the Securities and Exchange Act of 1934 as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.                   X 32.1*   Certification by Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                   X 32.2*   Certification by Interim Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.                   X 101.INS   Inline XBRL Instance Document (the Instance Document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document)                   X 101.SCH   Inline XBRL Taxonomy Extension Schema Document                   X 101.CAL   Inline XBRL Taxonomy Extension Calculation Linkbase Document                   X 101.DEF   Inline XBRL Taxonomy Extension Definition Linkbase Document                   X 101.LAB   Inline XBRL Taxonomy Extension Label Linkbase Document                   X 101.PRE   Inline XBRL Taxonomy Extension Presentation Linkbase Document                   X 104   Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)                     *   This certification is deemed not filed for purposes of Section 18 of the Exchange Act or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act. +   Management contract or compensatory plan or arrangement   38 Table of Contents   SIGNATURES   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.            Fluent, Inc.                     August 21, 2023   By:   /s/ Ryan Perfit         Ryan Perfit         Interim Chief Financial Officer         (Principal Financial and Accounting Officer) 39