Item 1.01. Entry into a Material Definitive Agreement.

On December 23, 2022, Invacare Corporation (the "Company") entered into an amendment (the "Amendment") to the Credit Agreement, dated as of July 26, 2022 (as amended by that certain Amendment Agreement and Joinder to Foreign Guarantee Agreement dated as of October 3, 2022, the "Highbridge Loan Agreement" and as further amended by the Amendment, the "Amended Highbridge Loan Agreement"), with a certain fund managed by Highbridge Capital Management, LLC ("Highbridge"), as the lender (together with the other lenders from time to time party thereto, the "Lenders"), Cantor Fitzgerald Securities as administrative agent, and GLAS Trust Corporation Limited, as collateral agent, and consummated an additional draw of an aggregate principal amount of $5,500,000 of term loans (the "Additional Draw") pursuant to the Amended Highbridge Loan Agreement. Pursuant to the Amendment, the administrative agent and the lenders holding these term loan commitments agreed to waive and modify certain conditions to making of the Additional Draw, including a waiver of the First Lien Leverage Ratio (as defined in the Amended Highbridge Loan Agreement), solely with respect to the Additional Draw, and the Company agreed to deliver a business plan with respect to the Company and its subsidiaries in form and substance acceptable to the Required Lenders (as defined in the Highbridge Loan Agreement). Additional commitments of $14,000,000 remain available under the Amended Highbridge Loan Agreement, subject to satisfaction of certain conditions set forth therein.

The foregoing description of the Amendment is qualified in its entirety by reference to the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

Item 7.01. Regulation FD Disclosure.

On December 27, 2022, the Company issued a press release announcing the Company's entry into the Amendment.

The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.



(d) Exhibits.

Exhibit Number            Description of Exhibit

  10.1                    Amendment Agreement, dated as of December 23, 2022, by and among Invacare
                          Corporation, the lenders party thereto and Cantor Fitzgerald Securities,
                          as administrative agent.
  99.1                    Press Release, dated December 27, 2022.
104                       Cover Page Interactive Data File (embedded within the Inline XBRL
                          document).

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