Item 8.01 Other Events.
On August 24, 2021, Lindblad Expeditions Holdings, Inc. (the "Company") received
a $21.0 million grant under the Coronavirus Economic Relief for Transportation
Services ("CERTS") Act, representing approximately 80% of the Company's total
expected final award amount. The CERTS Act provides grants to eligible
motorcoach companies, school bus companies, passenger vessel companies, and
pilotage companies that have experienced annual revenue losses of 25 percent or
more as result of COVID-19. The priority use of grant funds must be for payroll
costs, though grants may be used for operating expenses and the repayment of
debt accrued to maintain payroll. The Company anticipates using the granted
funds primarily for payroll costs and ship operating expenses.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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