INLX · Intellinetics, Inc.

Summary

Intellinetics, Inc. entered into a $1 million secured term loan line of credit with JPMorgan Chase Bank, N.A. on February 16, 2026, and appointed Alison Forsythe as President and Chief Executive Officer effective February 17, 2026, with an annual base salary of $400,000 and eligibility for bonuses up to 55% of base salary plus 145,600 RSUs.

Key takeaways

• $1 million secured term loan line of credit with JPMorgan Chase Bank, N.A., expiring December 31, 2026
• Interest at 2.35% over SOFR, secured by Company assets, EBITDA covenant of at least $350,000
• Alison Forsythe appointed President and CEO effective February 17, 2026
• Base salary $400,000, bonus up to 55% of base ($220,000), 145,600 RSUs vesting over 2 years
• Prior consulting fees to Forsythe: $15,384
• Press release issued February 17, 2026 as Exhibit 99.1