DHI Group, Inc. enters Ne

CENTENARY, Colo., June 13, 2022 /PRNewswire/ — DHI Group, Inc. (NYSE: DHX) (“DHI” or the “Company”) announced today that it has entered into an amended and restated credit agreement increasing the size of a credit facility renewable $90 million to a $100 million revolving credit facility, with an accordion feature for an additional amount $50 million. The facility, which was previously scheduled to expire in 2023, now has a maturity date of June 2027. The pricing structure of the new facility is substantially unchanged from the existing credit facility, with a move to a SOFR-based pricing grid. At the time of closing, DHI will have $30 million of the $100 revolver drawn.

“The amended and updated credit facility allows additional financial flexibility to advance our growth strategy,” said Zeile Art, President and CEO of DHI. “This increase in both the size of facilities and participating banks provides further evidence of the confidence our lenders place in DHI in executing its business plan.”

JPMorgan Chase Bank, NA is acting as administrative agent. Bank of America, NA and BMO Harris Bank NA are acting as co-syndication agents. TD Bank, NA, and Citizens Bank, NA are acting as joint documentation agents, with JPMorgan Chase Bank, NA; BofA Securities, Inc.; and BMO Harris Bank NA as joint bookrunners and joint lead managers.

Contact Investor
MKR Investor Relations
212-448-4181
[email protected]

Media Contact
Rachel Cecarelli
Vice President of Engagement
212-448-8288
[email protected]

About DHI Group, Inc.
DHI Group, Inc. (NYSE: DHX) is a provider of AI-powered career marketplaces that focus on technology roles. DHI’s two brands, Dice and ClearanceJobs, allow recruiters and hiring managers to efficiently source and contact highly qualified technologists based on the skills in demand. The company’s patented algorithm manages over 100,000 unique technology skills. Plus, our marketplaces help tech professionals find their next perfect career opportunity, with relevant advice and personalized information. Learn more about www.dhigroupinc.com.

Forward-looking statements
This press release and oral statements made from time to time by our representatives contain forward-looking statements. You should not place undue reliance on these statements as they are subject to numerous uncertainties and factors relating to our operations and our business environment, all of which are difficult to predict and many of which are beyond our control. Forward-looking statements include, but are not limited to, information regarding our possible or anticipated future operating results. These statements often include words such as “may”, “will”, “should”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”. or similar expressions. These statements are based on assumptions we have made in light of our experience in the industry as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate in the circumstances. . Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors include, but are not limited to, our ability to execute our technology-driven strategy, competition from current and future competitors in the highly competitive markets in which we operate, the inability to adapt our business model to keeping pace with rapid changes in recruiting and career activity, the inability to maintain and grow our reputation and brand recognition, the inability to increase or sustain the number of customers who purchase recruitment, cyclicality or downturns in the economy or industries we serve, the potential impact of COVID-19 on our operations and financial results, uncertainty about data protection regulations and privacy, the inability to attract qualified professionals to our websites or to increase the number of qualified professionals who use our websites, the inability to identify or successfully integrate acquisitions, U.S. and foreign government Internet and tax regulations, our ability to borrow funds under our credit facility or refinance our debt and restrictions on our current and future operations under that debt. These and other factors are discussed in more detail in the Company’s filings with the Securities and Exchange Commission, all of which are available on the Investors page of our website at www.dhigroupinc.com, including the company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings under the headings “Risk Factors”, “Forward-Looking Statements” and “Management’s Discussion and Analysis of financial and operating results. “You should keep in mind that any forward-looking statement made by the Company or its representatives herein or elsewhere speaks only as of the date on which it is made. New risks and uncertainties arise from time to time, and there It is impossible to predict these events or how they may affect us.We undertake no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

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SOURCE DHI Group, Inc.

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