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Spark Networks Announces Credit Facility Amendment to Reset Financial Covenants, and Additional $6 Million of Funding

Dec 03, 2020over 4 years ago

Amount Raised

$6 Million

BerlinSoftware DevelopmentSocial Media

Description

Spark Networks (NYSE: LOV), the global leader in premium and community-based dating, today announced an amendment to its existing debt facility providing for, among other things, enhanced financial covenant flexibility and a strengthened cash position of $6 million.

Company Information

Company

Spark Networks

Location

Berlin, Berlin, Germany

About

Spark Networks SE is a leading social dating platform for meaningful relationships focusing on the 40+ demographic and faith-based affiliations. Spark's portfolio of premium and freemium dating apps include Zoosk, EliteSingles, SilverSingles, Christian Mingle, Jdate, and JSwipe.

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