UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 29, 2020
Sundance
Energy Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-36302 | 61-1949225 | ||
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 1050 17th Street, Suite 700 Denver, CO 80265 | (303) 543-5700 |
| (Address of principal executive offices, including Zip Code) | (Registrant’s telephone number, including area code) |
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, par value $0.001 per share | SNDE | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
| Emerging growth company | x |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
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Item 8.01 Other Events.
As previously disclosed, Sundance Energy Inc. (the “Company”) entered into limited waivers with respect to certain defaults and events of default arising under both its senior secured revolving credit facility and its second lien term loan facility (“Term Loan”). Also as previously disclosed, in consideration for the waiver with respect to the Term Loan, the Company agreed to amend certain covenants in the Term Loan, as to be mutually agreed with the Term Loan lenders within 15 days from the execution date of the limited waiver, or May 30, 2020. On May 29, 2020, the Company and the Term Loan lenders agreed to extend the due date for the amendment from May 30, 2020 to June 8, 2020. Failure to enter such amendment by June 8, 2020 will constitute an event of default under the Term Loan, unless the Company and the lenders mutually agree to a later date in writing.
SIGNATURE
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 hereunto duly authorized.
Date: June 2, 2020
| SUNDANCE ENERGY INC. | ||
| By: | /s/ Cathy L. Anderson | |
| Name: | Cathy L. Anderson | |
| Title: | Chief Financial Officer | |