Please wait

Exhibit 4.12

Execution Version

SECOND AMENDMENT TO CREDIT AGREEMENT

THIS SECOND AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of March 7, 2025, amends that certain Credit Agreement, dated as of April 29, 2024, by and among, GENIUS SPORTS SS, LLC, a Delaware limited liability company (“Genius SS”), GENIUS SPORTS MEDIA INC., a Delaware corporation (“GS Media” and, together with Genius SS, collectively, the “U.S. Borrowers”), GENIUS SPORTS TECHNOLOGIES LIMITED, a company incorporated under the law of England and Wales, with company number 10197219 (“Genius Technologies”), GENIUS SPORTS UK LIMITED, a company incorporated under the law of England and Wales, with company number 04062777 (“GS UK” and, together with Genius Technologies, collectively, the “UK Borrowers”; the U.S. Borrowers and the UK Borrowers, each individually, a “Borrower” and collectively, the “Borrowers”), GENIUS SPORTS LIMITED, a non-cellular company limited by shares incorporated in Guernsey with registration number 68277 and having its registered office at East Wing, Trafalgar Court, Les Banques, St Peter Port, Guernsey GY1 3PP (“Holdings”), the other loan parties party thereto, the lenders party thereto, the issuing banks party thereto and CITIBANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) (such agreement, as amended by that certain First Amendment to Credit Agreement, dated as of July 10, 2024, and as further amended, restated, amended and restated, supplemented, renewed or otherwise modified from time to time prior to the date hereof, the “Existing Credit Agreement,” and the Existing Credit Agreement, as amended, supplemented, renewed, reaffirmed, ratified or otherwise modified by this Amendment, the “Amended Credit Agreement”). Capitalized terms used and not defined herein shall have the meanings assigned to such terms in the Amended Credit Agreement.

RECITALS:

WHEREAS, pursuant to Section 2.22 of the Existing Credit Agreement, the Borrowers may from time to time request a Commitment Increase;

WHEREAS, Barclays Bank PLC and Citizens Bank, N.A. (each, a “Second Amendment Increasing Lender” and, collectively, the “Second Amendment Increasing Lenders”) have agreed, subject to the terms and conditions set forth herein and in the Amended Credit Agreement, to provide a Commitment Increase (the “Second Amendment Commitment Increase”) in an amount equal to

$60,000,000 such that the Commitments of each Lender after giving effect to the Second Amendment Commitment Increase shall be as set forth opposite such Lender’s name on Schedule 1 hereto;

WHEREAS, pursuant to Section 9.02 of the Existing Credit Agreement, the Borrower Representative and the Required Lenders may from time to time make certain amendments to the Existing Credit Agreement; and

WHEREAS, the parties hereto have agreed to make certain amendments to the Existing Credit Agreement as set forth herein.

NOW, THEREFORE, in consideration of the premises and agreements, provisions and covenants herein contained, the parties hereto agree as follows:

Section 1. Second Amendment Commitment Increase. Subject to the satisfaction of the conditions in Section 3 hereof and on the terms set forth herein and in the Amended Credit Agreement, the Borrowers and the Second Amendment Increasing Lenders hereby agree that, on the Second Amendment Effective Date, the Second Amendment Commitment Increase shall become effective and the Commitments under the Existing Credit Agreement shall be deemed increased by the amount of the Second Amendment

 


 

Commitment Increase. The Commitments of the Second Amendment Increasing Lenders (the “Second Amendment Incremental Commitment”) shall be added to (and form part of) and have the same terms as the existing class of Commitments. The Loans made pursuant to the Second Amendment Incremental Commitment shall be deemed to constitute a part of the “Obligations” under the Amended Credit Agreement and shall have all rights, remedies and protections accorded the Obligations under the Amended Credit Agreement and the other Loan Documents.

Section 2. Amendments. Subject to the satisfaction of the conditions set forth in Section 3 hereof, as of the Second Amendment Effective Date, the Existing Credit Agreement is hereby amended as follows:

a.
The following definitions in Section 1.01 of the Existing Credit Agreement are hereby amended and restated in their entirety to read as follows:

Commitment” means, with respect to each Lender, the commitment of such Lender to make Loans and to acquire participations in Letters of Credit and Swingline Loans hereunder, expressed in an amount representing the maximum possible aggregate amount of such Lender’s Credit Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to (a) Section 2.09 or Section 2.22 and (b) assignments by or to such Lender pursuant to Section 9.04. The amount of each Lender’s Commitment as of the Second Amendment Effective Date is set forth on the Commitment Schedule. The aggregate amount of the Lenders’ Commitments as of the Second Amendment Effective Date is $180,000,000.

LC Sublimit” means an aggregate amount equal to $130,000,000, subject to increase in accordance with Section 2.22 hereof, provided, that, as of the Second Amendment Effective Date, Citibank, N.A.’s allocation of the LC Sublimit is

$130,000,000, Deutsche Bank AG New York Branch’s allocation of the LC Sublimit is $0 and Goldman Sachs Bank USA’s allocation of the LC Sublimit is $0 (such allocated amount as to such Issuing Bank at such time, its “LC Commitment”), which such Issuing Bank’s LC Commitment may be decreased or increased (up to the LC Sublimit) without the need for an amendment to this Agreement with the written consent of the applicable Issuing Bank, the Borrower Representative and the Administrative Agent.

b.
The following new definition is hereby added to Section 1.01 of the Existing Credit Agreement in its appropriate alphabetical position:

Second Amendment Effective Date” means March 7, 2025.

c.
Section 2.22(b)(iii) of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows:

(iii) after giving effect to any such Commitment Increases, the aggregate amount of all such Commitment Increases entered into since the Second Amendment Effective Date shall not exceed the greater of (x) $50,000,000 and (y) 100% of EBITDA for the Reference Period for which financial statements have been delivered pursuant to Section 5.01(a) or (b); and

d.
Section 6.01(i) of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows:

2


 

(i)
additional unsecured Indebtedness of the Loan Parties and the Subsidiaries; provided that (A) no Event of Default shall have occurred and be continuing or shall be caused thereby; (B) after giving effect to the incurrence of such Indebtedness on a pro forma basis, the Consolidated Total Net Leverage Ratio is less than or equal to 3:00:1.00 as of the end of the most recently ended Reference Period for which financial statements have been delivered pursuant to Section 5.01(a) or (b); and (C) such Indebtedness (x) does not have a scheduled maturity date occurring prior to ninety-one (91) days after the final Maturity Date, (y) shall not contain terms, conditions or covenants that are more restrictive than those contained herein and (z) is not guaranteed by any entity that is not a Guarantor or Borrower hereunder;
e.
The second paragraph of Section 9.12 of the Existing Credit Agreement is hereby amended and restated in its entirety to read as follows:

For the avoidance of doubt, nothing in this Section 9.12 shall prohibit any Person from voluntarily disclosing or providing any Information within the scope of this confidentiality provision to any governmental, regulatory or self-regulatory organization (any such entity, a “Regulatory Authority”) to the extent that any such prohibition on disclosure set forth in this Section 9.12 shall be prohibited by the laws or regulations applicable to such Regulatory Authority. Furthermore, for the avoidance of doubt, nothing in this Section 9.12 shall prohibit any individual from communicating or disclosing information regarding suspected violations of laws, rules or regulations to a Regulatory Authority.

f.
The Commitment Schedule to the Existing Credit Agreement is hereby deleted in its entirety and replaced and superseded in all respects by Schedule 1 attached hereto.

Section 3. Conditions to Second Amendment Effective Date. This Amendment shall become effective on the date (the “Second Amendment Effective Date”) on which the following conditions are satisfied:

a.
The Administrative Agent (or its counsel) shall have received:
i.
executed counterparts of this Amendment duly executed by each Loan Party, the Administrative Agent, the Second Amendment Increasing Lenders, the Lenders party to the Existing Credit Agreement and the Issuing Banks party to the Existing Credit Agreement;
ii.
executed counterparts of a supplemental debenture, dated as of the Second Amendment Effective Date, duly executed by each UK Loan Party, each Guernsey Loan Party and the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent;
iii.
executed counterparts of a Guernsey security interest release agreement in relation to the Guernsey security interest agreement dated 29 April 2024, duly executed by each Guernsey Loan Party and the Administrative Agent, along with a certificate of discharge duly executed by the Administrative Agent, each dated as of the Second Amendment Effective Date, in form and substance reasonably satisfactory to the Administrative Agent;

3


 

iv.
executed counterparts of a Guernsey security interest agreement between Holdings and the Administrative Agent, dated as of the Second Amendment Effective Date, duly executed by Holdings and the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent;
v.
executed counterparts of a notice in respect of the Guernsey security interest agreement, dated as of the Second Amendment Effective Date, from Holdings and the Administrative Agent to Maven Topco Limited, in form and substance reasonably satisfactory to the Administrative Agent;
vi.
executed acknowledgement in respect of the Guernsey security interest agreement, dated as of the Second Amendment Effective Date from Maven Topco Limited to Holdings and the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent;
vii.
written opinions (addressed to the Secured Parties) of:
A.
Kirkland & Ellis LLP, counsel for the U.S. Borrowers and the other Loan Parties organized under the laws of the United States, any state thereof or the District of Columbia (the “U.S. Loan Parties”), in form and substance reasonably satisfactory to the Administrative Agent, in relation to power, capacity and due execution by the U.S. Loan Parties and all matters of U.S. law;
B.
Jones Day, counsel for the Lenders and the Administrative Agent, in relation to the power, capacity and due execution by the UK Loan Parties and all matters of English law; and
C.
Ogier (Guernsey) LLP, counsel for the Lenders and the Administrative Agent, in relation to the power, capacity and due execution by the Guernsey Loan Parties and all matters of Guernsey law;
viii.
in respect of each U.S. Loan Party, a certificate, in form and substance reasonably satisfactory to the Administrative Agent, dated the Second Amendment Effective Date and executed by a Responsible Officer of such U.S. Loan Party, which shall (A) certify the resolutions of its board of directors, members or other body authorizing the execution, delivery and performance of this Amendment and the other Loan Documents executed in connection herewith to which it is a party; (B) identify by name and title and bear the signatures of the Responsible Officers and any other officers of such U.S. Loan Party authorized to sign this Amendment and the other Loan Documents executed in connection herewith to which it is a party; and (C) contain appropriate attachments, including (x) the certificate or articles of incorporation or organization of each U.S. Loan Party certified by the relevant authority of the jurisdiction of organization of such

U.S. Loan Party, (y) a certificate of good standing or equivalent document certified by the relevant authority of the jurisdiction of organization of such U.S. Loan Party, and

(z) a true and correct copy of its by-laws or operating, management or partnership agreement;

ix.
in respect of each UK Loan Party, a certificate, in form and substance reasonably satisfactory to the Administrative Agent, dated the Second Amendment Effective Date and executed by a Responsible Officer of such UK Loan Party which shall (A) confirm

4


 

that borrowing or guaranteeing or securing, as appropriate, the Commitments would not cause any borrowing, guarantee, security or similar limit binding on such to be exceeded; (B) certify the resolutions of its board of directors (or other body) authorizing the execution, delivery and performance of this Amendment and the other Loan Documents executed in connection herewith to which it is a party; (C) certify a copy of an ordinary shareholder resolution signed by its member(s) approving the terms of, and transactions contemplated by, this Amendment and the other Loan Documents executed in connection herewith to which it is a party; (D) identify by name and title and bear the specimen signatures of each of the Responsible Officers and any other officers of such UK Loan Party authorized to sign this Amendment and the other Loan Documents executed in connection herewith to which it is a party; (E) in respect of each UK Loan Party whose shares are subject to the UK Security Property, certify that it has complied within the relevant timeframe with any notice it has received pursuant to Part 21A of the Companies Act 2006 from such UK Loan Party, or certifying that no “warning notice” or “restrictions of notice” (in each case as defined in Schedule 1B of the Companies Act 2006) has been issued in respect of the shares of such UK Loan Party, and certifying that a copy of the “PSC register” (within the meaning of section 790C(10) of the Companies Act 2006) of that UK Loan Party is in full force and effect without modification and has not been amended or superseded prior to the Second Amendment Effective Date; and (F) (x) contain appropriate attachments, including, but not limited to, its certificate of incorporation and articles of association (or other equivalent thereof) or (y) certify that such UK Loan Party has not modified its certificate of incorporation and articles of association (or equivalent thereof) since the Second Amendment Effective Date;

x.
in respect of each Guernsey Loan Party, a certificate, in form and substance reasonably satisfactory to the Administrative Agent, dated the Second Amendment Effective Date and executed by a Responsible Officer of such Guernsey Loan Party, which shall (A) certify the resolutions of its board of directors, members or other body authorizing the execution, delivery and performance of this Amendment and the other Loan Documents executed in connection herewith to which it is a party; (B) identify by name and title and bear the signatures of the Responsible Officers and any other officers of such Guernsey Loan Party authorized to sign this Amendment and the other Loan Documents executed in connection herewith to which it is a party; and (C) contain appropriate attachments, including (x) the certificate of incorporation, memorandum and articles of incorporation of each Guernsey Loan Party certified by the relevant authority of the jurisdiction of organization of such Guernsey Loan Party, (y) true and correct copy of its by-laws or operating, management or partnership agreement, and (z) a certificate of good standing or equivalent document certified by the relevant authority of organization of such Guernsey Loan Party; provided that, in respect of each Guernsey Loan Party, such certificate shall attach documentation regarding the foregoing as is usual and customary in the jurisdiction of organization or incorporation of each such Guernsey Loan Party, in each case as may be reasonably acceptable to the Administrative Agent;
xi.
a certificate from the Borrower Representative, dated as of the Second Amendment Effective Date, (A) certifying that (i) as of the date of the relevant Notice of Increase and on the date hereof before and after giving effect to the Second Amendment Commitment Increase (x) no Event of Default shall have occurred and be continuing and (y) the representations and warranties of the Loan Parties set forth herein, in the Existing Credit Agreement and each other Loan Document shall be true and correct in all material respects on and as of such date, except that (I) to the extent that such

5


 

representations and warranties specifically refer to an earlier date, such representations and warranties shall be true and correct in all material respects as of such earlier date and (II) any representation and warranty that is qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects and (ii) as of the date hereof before and after giving effect to the Second Amendment Commitment Increase, Holdings and its Subsidiaries shall be in pro forma compliance with the Financial Covenants for the most recently ended Reference Period for which financial statements have been (or were required to be) delivered to the Administrative Agent and (B) setting forth reasonably detailed calculations demonstrating that Holdings and its Subsidiaries are in pro forma compliance with the Financial Covenants for the most recently ended Reference Period for which financial statements have been (or were required to be) delivered to the Administrative Agent; and

xii.
to the extent requested by any Second Amendment Increasing Lender, an executed Note for the account of such Second Amendment Increasing Lender, duly executed by the Borrowers.
b.
The Lenders, the Issuing Banks and the Administrative Agent shall have received all fees required to be paid on or before the Second Amendment Effective Date (including pursuant to that certain Second Amendment Fee Letter, dated as of February 7, 2025), and all expenses (including the reasonable fees and expenses of outside legal counsel) for which invoices have been presented no later than one (1) Business Day prior to the Second Amendment Effective Date (or a shorter period as agreed to by the Borrower Representative).
c.
At least three (3) Business Days prior to the Second Amendment Effective Date, the Borrowers and each of the other Loan Parties shall have provided to the Second Amendment Increasing Lenders the documentation and other information theretofore requested in writing by the Second Amendment Increasing Lenders at least ten (10) Business Days prior to the Second Amendment Effective Date that is required by regulatory authorities under applicable “know your customer” and anti-money- laundering rules and regulations, including the USA PATRIOT Act.

Section 4. Representations and Warranties of the Loan Parties. Each Loan Party hereby represents and warrants to the Administrative Agent, the Second Amendment Increasing Lenders, the Lenders party hereto and the Issuing Banks party hereto as follows:

a.
such Loan Party’s obligations under the Amended Credit Agreement are and shall remain secured by the Collateral, pursuant to the terms of the Amended Credit Agreement and the other Loan Documents;
b.
the execution, delivery and performance of this Amendment by such Loan Party and the transactions contemplated hereby are within each Loan Party’s corporate or limited liability company powers, as the case may be, and have been duly authorized by all necessary corporate or limited liability company and, if required, stockholder or member action;
c.
this Amendment has been duly executed and delivered by such Loan Party and constitutes a legal, valid and binding obligation of such Loan Party, enforceable in accordance with the terms hereof, subject to (i) in the case of Foreign Loan Parties, to the Legal Reservations and the Perfection Requirements and (ii) in the case of all other Loan Parties, to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law; and

6


 

d.
each Loan Party hereby ratifies and confirms in full its duties and obligations under the Amended Credit Agreement and the other Loan Documents applicable to it.

Section 5. Second Amendment Increasing Lenders. Each Second Amendment Increasing Lender acknowledges and agrees that, upon its execution of this Amendment, such Second Amendment Increasing Lender shall become an “Additional Lender” and a “Lender” under, and for all purposes of, the Amended Credit Agreement and the other Loan Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.

Section 6. Reallocations. If applicable, the reallocation of the Lenders’ Loans contemplated by Section 2.22(a)(iv) of the Amended Credit Agreement with respect to the Second Amendment Commitment Increase shall occur with respect to the Second Amendment Commitment Increase on the Second Amendment Effective Date. On the Second Amendment Effective Date, all participations in Letters of Credit and Loans from draws under Letters of Credit shall be reallocated pro rata among the Lenders (including the Second Amendment Increasing Lenders) after giving effect to the Second Amendment Commitment Increase.

Section 7. Miscellaneous.

a.
Survival. Except as expressly provided in this Amendment, all of the terms, provisions, covenants, agreements, representations and warranties and conditions of the Existing Credit Agreement shall be and remain in full force and effect as written, unmodified hereby. In the event of any conflict between the terms, provisions, covenants, representations and warranties and conditions of this Amendment, on the one hand, and the Existing Credit Agreement, on the other hand, this Amendment shall control.
b.
Severability. Any provision of this Amendment held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality or enforceability of the remaining provisions hereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction.
c.
d.
Expense Reimbursement and Indemnification. Each Loan Party hereby confirms that the expense reimbursement and indemnification provisions set forth in Section 9.03 of the Amended Credit Agreement shall apply to this Amendment and the transactions contemplated hereby.
e.
Further Assurances. Each Loan Party hereby agrees from time to time, as and when reasonably requested by the Administrative Agent or any Lender, to execute and deliver or cause to be executed and delivered, all such documents, instruments and agreements and to take or cause to be taken such further or other action as the Administrative Agent or any Lender may reasonably deem necessary or desirable in order to carry out the intent and purposes of this Amendment.

7


 

f.
Entire Agreement. This Amendment, the Amended Credit Agreement and the other Loan Documents constitute the entire agreement among the parties with respect to the subject matter hereof and thereof and supersede all other prior agreements and understandings, both written and verbal, among the parties or any of them with respect to the subject matter hereof.
g.
Binding Effect, Beneficiaries. This Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns; provided, that neither the Borrowers nor any other Loan Party may assign or otherwise transfer any of its rights or obligations under this Amendment except as permitted by the Amended Credit Agreement.
h.
Construction. This Amendment shall be construed without regard to any presumption or other rule requiring construction against the party drafting this Amendment.
i.
Electronic Execution. This Amendment may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this Amendment by telecopy, emailed .pdf or any other electronic means that reproduces an image of the actual executed signature page shall be effective as delivery of a manually executed counterpart of this Amendment. The words “execution,” “signed,” “signature,” “delivery,” and words of like import in or relating to any document to be signed in connection with this Amendment and the transactions contemplated hereby or thereby shall be deemed to include Electronic Signatures, deliveries or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature, physical delivery thereof or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act.
j.
Headings. Section headings used herein are for convenience of reference only, are not part of this Amendment and shall not affect the construction of, or be taken into consideration in interpreting, this Amendment.
k.
Reference to and Effect on the Existing Credit Agreement and the Other Loan Documents. On and after the Second Amendment Effective Date, each reference in the Existing Credit Agreement to “this Agreement,” “hereunder,” “herein” or words of like import referring to the Existing Credit Agreement, and each reference in the other Loan Documents to the “Credit Agreement,” “thereunder,” “thereof” or words of like import referring to the Existing Credit Agreement, shall, in each case, mean and be a reference to the Existing Credit Agreement as amended by this Amendment. Except as specifically amended by this Amendment, the Existing Credit Agreement and the other Loan Documents shall remain in full force and effect (with the same priority, as applicable) and are hereby ratified and confirmed and this Amendment shall not be considered a novation. The execution, delivery and performance of this Amendment shall not constitute a waiver of any provision of, or operate as a waiver of any right, power or remedy of the Administrative Agent, any Lender or any other party under, the Amended Credit Agreement, any of the other Loan Documents or otherwise. This Amendment and each other document executed in connection herewith shall be deemed to be a “Loan Document” as defined in the Amended Credit Agreement.
l.
Reaffirmation of Security Interests. Each Loan Party, as borrower, guarantor, debtor, grantor, mortgagor, pledgor, assignor, or in other any other similar capacity in which it granted liens or security interests in its property or otherwise acts as accommodation party, guarantor or indemnitor, as the case may be, hereby (i) ratifies and reaffirms all of its payment and performance obligations, contingent or otherwise, under each of the Loan Documents to which it is a party (after giving effect hereto) and (ii) to the extent that such Loan Party granted liens on or security interests in any of its property pursuant to any

8


 

such Loan Document as security for or otherwise guaranteed the Obligations, ratifies and reaffirms such guarantee and grant of security interests and liens and confirms and agrees that such guarantee includes, and such security interests and liens hereafter secure, all of the Obligations, including, without limitation, any additional Obligations resulting from or incurred pursuant to this Amendment.

[Signature Pages Follow]

9


 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their respective authorized officer(s) as of the day and year first above written.

 

 

 

 

 

CITIBANK, N.A., as Administrative Agent,

Swingline Lender, a Lender and an Issuing Bank

 

 

 

 

 

 

 

By:

 

/s/ James Reed

 

 

Name:

 

James Reed

 

 

Title:

 

Authorized Signatory

 

 

 

 

DEUTSCHE BANK AG NEW YORK BRANCH, as a

Lender

 

 

 

 

 

 

 

By:

 

/s/ Philip Tancorra

 

 

Name:

 

Philip Tancorra

 

 

Title:

 

Director

 

 

 

 

By:

 

/s/ Suzan Onal

 

 

Name:

 

Suzan Onal

 

 

Title:

 

Director

 

 

 

 

GOLDMAN SACHS BANK USA, as a Lender

 

 

 

 

 

 

 

By:

 

/s/ Priyankush Goswami

 

 

Name:

 

Priyankush Goswami

 

 

Title:

 

Authorized Signatory

 

 

 

 

BARCLAYS BANK PLC, as a Second

Amendment Increasing Lender

 

 

 

 

 

 

 

By:

 

/s/ Timothy Uwemedimo

 

 

Name:

 

Timothy Uwemedimo

 

 

Title:

 

Authorized Signatory

 

 

 

 

CITIZENS BANK, N.A., as a Second Amendment

Increasing Lender

 

 

 

 

 

 

 

By:

 

/s/ Sean McWhinnie

 

 

Name:

 

Sean McWhinnie

 

 

Title:

 

Managing Director

 

 

[Signature Page to Second Amendment to Credit Agreement]

 


 

 

 

 

 

GENIUS SPORTS SS, LLC, as a Borrower

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Chief Financial Officer

 

 

 

 

GENIUS SPORTSMEDIA INC., as a Borrower

 

 

 

 

 

 

 

By:

 

/s/ Mark Locke

 

 

Name:

 

Mark Locke

 

 

Title:

 

President

 

 

 

 

GENIUS SPORTS TECHNOLOGIES LIMITED, as a Borrower

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

 

 

GENIUS SPORTS UK LIMITED, as a Borrower

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

 

 

GENIUS SPORTS LIMITED, as Holdings

 

 

 

 

 

 

 

By:

 

/s/ Mark Locke

 

 

Name:

 

Mark Locke

 

 

Title:

 

Director

 

 

 

 

MAVEN TOPCO LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

[Signature Page to Second Amendment to Credit Agreement]

 


 

 

 

 

 

MAVEN MIDCO LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

 

 

MAVEN DEBTCO LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

 

 

MAVEN BIDCO LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

 

 

GENIUS SPORTS GROUP LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

 

 

GENIUS SPORTS HOLDINGS LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

 

 

GENIUS SPORTS MEDIA LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

[Signature Page to Second Amendment to Credit Agreement]

 


 

 

 

 

 

PHOTOSPIRE LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

 

 

SPIRABLE LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

 

 

GENIUS SPORTS SERVICES LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

 

 

SPORT INTEGRITY MONITOR LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Mark Locke

 

 

Name:

 

Mark Locker

 

 

Title:

 

Director

 

 

 

 

SECOND SPECTRUM UK LIMITED, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Director

 

 

 

 

GENIUS SPORTS SS HOLDINGS, INC., as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Chief Financial Officer

 

 

[Signature Page to Second Amendment to Credit Agreement]

 


 

 

 

 

 

GENIUS SPORTS WE SUB LLC, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Joshua Linforth

 

 

Name:

 

Joshua Linforth

 

 

Title:

 

Chief Executive Officer

 

 

 

 

DMY TECHNOLOGY GROUP, INC. II, as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Nicholas Taylor

 

 

Name:

 

Nicholas Taylor

 

 

Title:

 

Chief Financial Officer

 

 

 

 

SPIRABLE INC., as a Guarantor

 

 

 

 

 

 

 

By:

 

/s/ Joshua Linforth

 

 

Name:

 

Joshua Linforth

 

 

Title:

 

Chief Revenue Officer

 

 

[Signature Page to Second Amendment to Credit Agreement]

 

 

Schedule 1

 

[Intentionally Omitted]