Item 1.01 Entry into a Material Definitive Agreement.

On February 28, 2023, Scott's Liquid Gold-Inc. (the "Company") entered into the Second Amendment to La Plata Capital Loan Agreement (the "Second Amendment"), amending its Loan Agreement with La Plata Capital, LLC, dated November 9, 2021. The Second Amendment provides an additional $250,000 through a promissory note with an interest rate of 15% per annum. Interest-only payments are required on a monthly basis through June 30, 2023, with monthly principal payments of $30,000 beginning on July 1, 2023. The Second Amendment also revised the date as of which certain financial covenants would be required to June 30, 2023. The foregoing description of the Second Amendment is a summary only and is qualified in its entirety by reference to the terms of the Second Amendment, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

Item 1.02 Termination of a Material Definitive Agreement.

On February 27, 2023, the Company terminated its Loan and Security Agreement, with UMB Bank, N.A. The UMB revolving credit facility was paid in full on February 28, 2023.

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

The information provided in Item 1.01 is incorporated by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits: The following exhibits are filed as part of this report:



Exhibit No.    Description
10.1             Second Amendment to La Plata Capital Loan Agreement, Dated February
               28, 2023
104            Cover Page Interactive Data File

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