{"schema_version":"secwatch.filing_event.v1","accession":"0000108385-26-000011","form_type":"8-K","ticker":"WRLD","cik":"0000108385","company_name":"WORLD ACCEPTANCE CORP","filed_at":"2026-05-26T20:35:02+00:00","discovered_at":"2026-05-26T20:36:00.442846+00:00","generated_at":"2026-05-26T20:36:58.321537+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.5,"confidence":"high","headline":"World Acceptance obtains temporary covenant relief on credit facility through Sept 2026","bullets":["Fixed charge coverage covenant lowered to 2.20x (Mar 2026), 2.10x (Jun 2026), and 2.15x (Sep 2026), from 2.25x.","Consenting lenders received a fee of 0.03% of aggregate commitments for the modification.","Original 2.25x minimum covenant resumes for fiscal quarter ending Dec 31, 2026 and thereafter.","Company represents that no event of default exists after giving effect to the modification."],"urls":{"canonical":"https://secwatch.observer/filing/0000108385-26-000011","json":"https://secwatch.observer/filing/0000108385-26-000011.json","markdown":"https://secwatch.observer/filing/0000108385-26-000011.md","text":"https://secwatch.observer/filing/0000108385-26-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/108385/000010838526000011/0000108385-26-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108385/000010838526000011/wrld-20260522.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T20:36:58.321537+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}