Financing ·
Alclear Holdings, LLC and its subsidiaries entered into Amendment No. 4 to its Credit Agreement with JPMorgan Chase…
YOUClear Secure, Inc.
Alclear Holdings, LLC and its subsidiaries entered into Amendment No. 4 to its Credit Agreement with JPMorgan Chase Bank, N.A. on June 23, 2026. The amendment reduces lender commitments from $100,000,000 to $50,000,000, increases the letter of credit sublimit to $50,000,000, and extends the maturity date to June 23, 2031. Additionally, the amendment reduces applicable margins for term SOFR loans from 2.50% to 1.50% and base rate loans from 1.50% to 0.50%, while also reducing the unused commitment fee from 0.35% to 0.25%. Clear Secure, Inc. operates in the identity verification and authentication technology industry.