Subsequent events	3 Months Ended
Mar. 31, 2024
Subsequent events
Subsequent events	Note 27. Subsequent events On April 12, 2024, the Company, through its indirect wholly-owned subsidiaries, entered into a credit agreement which provides for a delayed draw term loan to the Company in an aggregate principal amount not to exceed $115.25 million (the “Term Loan”). The Term Loan may be drawn at any time on or prior to January 12, 2025, subject to the satisfaction of customary conditions. The Company borrowed $75.0 million on April 12, 2024 in connection with the initial closing of the credit agreement. The scheduled maturity date of the Term Loan is April 12, 2029. The Term Loan bears interest on the outstanding principal amount thereof at a rate equal to (a) SOFR plus 5.50% per annum or (b) base rate plus 4.50% per annum; provided that if at any time the Term Loan is rated below investment grade, the interest rate shall increase to (x) SOFR plus 6.50% per annum or (y) base rate plus 5.50% per annum until the rating is no longer below investment grade. In connection with the entry into the credit agreement, the Company also agreed to pay certain upfront fees on the initial borrowing date. The Company will also pay, with respect to any unused portion of the Term Loan, a commitment fee of 1.00% per annum. During April 2024, the Company acquired approximately 1.6 million shares of the Company’s common stock, $0.0001 par value per share, at an average price of $8.57 per share through the Company’s stock repurchase program.

Subsequent events

3 Months Ended

Mar. 31, 2024

Note 27. Subsequent events

On April 12, 2024, the Company, through its indirect wholly-owned subsidiaries, entered into a credit agreement which provides for a delayed draw term loan to the Company in an aggregate principal amount not to exceed $115.25 million (the “Term Loan”). The Term Loan may be drawn at any time on or prior to January 12, 2025, subject to the satisfaction of customary conditions. The Company borrowed $75.0 million on April 12, 2024 in connection with the initial closing of the credit agreement.

The scheduled maturity date of the Term Loan is April 12, 2029. The Term Loan bears interest on the outstanding principal amount thereof at a rate equal to (a) SOFR plus 5.50% per annum or (b) base rate plus 4.50% per annum; provided that if at any time the Term Loan is rated below investment grade, the interest rate shall increase to (x) SOFR plus 6.50% per annum or (y) base rate plus 5.50% per annum until the rating is no longer below investment grade. In connection with the entry into the credit agreement, the Company also agreed to pay certain upfront fees on the initial borrowing date. The Company will also pay, with respect to any unused portion of the Term Loan, a commitment fee of 1.00% per annum.

During April 2024, the Company acquired approximately 1.6 million shares of the Company’s common stock, $0.0001 par value per share, at an average price of $8.57 per share through the Company’s stock repurchase program.