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Fluent Inc

For the period ended Sep 30, 2024. Filed Nov 15, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 15, 2024

FLNT$3.67-4.4%Stored close · as of Nov 9, 2026

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Item 5. Other Information

Rule10b5-1 Trading Plans**

During the fiscal quarter ended* September 30, 2024*, none of the Company's directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule10b5-1(c) or any "non-Rule10b5-1 trading arrangement."

Third Amendment to SLR Credit Agreement

As of September30, 2024, we werenot in compliance with its financial covenants under the SLR Credit Agreement, which we had to report by* October 31, 2024,and which would have resulted in an event of default; however, on October 30, 2024,we entered into a letter agreement pursuant to which SLR extended the deadline for delivery of the compliance certificate required for the fiscal month ended September 30, 2024,and the related notice of event of default, to November 19, 2024.*

On* November 15, 2024,we entered into the Third Amendment (as defined and discussed in Note 5 in the Notes to the consolidated financial statements included herein) to the SLR Credit Agreement, which, among other things, required that the Company raise at least$7.5* million of additional capital by* November 29, 2024.In addition, the Third Amendment waived non-compliance with the financial covenants as of September 30, 2024*, extended the duration of the call protection applicable to the loans, and modified the cash dominion provisions to remain in effect on an indefinite basis.

The foregoing description of the Third Amendment doesnot purport to be complete and is subject to, and qualified in its entirety by, the full text of Third Amendment, which is incorporated by reference as Exhibit10.11 to this Quarterly Report on Form10-Q and is incorporated by reference herein.

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