---
schema_version: "secwatch.filing_event.v1"
accession: "0000320121-26-000004"
form_type: "8-K"
ticker: "TLS"
cik: "0000320121"
company_name: "TELOS CORP"
filed_at: "2026-01-02T23:59:59+00:00"
generated_at: "2026-05-16T11:51:45.959043+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Telos amends credit agreement: lowers revolver to $15M, extends to Dec 2026

## Summary
- Revolving commitment reduced to $15M with $15M expansion feature; reflects strong liquidity and cash flow.
- Interest rates set at 1.25% (ABR) and 2.25% (Term Benchmark/RFR); commitment fee 0.25%.
- Maturity extended to December 30, 2026; $5M minimum unrestricted cash required with JPMorgan.
- Borrower must maintain substantially all liquid assets with J.P. Morgan Asset Management within 90 days.
- Amendment executed December 30, 2025 with JPMorgan Chase Bank as sole lender and agent.

## SEC filing metadata
- accession: 0000320121-26-000004
- form_type: 8-K
- ticker: TLS
- cik: 0000320121
- company_name: TELOS CORP
- filed_at: 2026-01-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320121/000032012126000004/0000320121-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320121/000032012126000004/tls-20251230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320121-26-000004
- JSON: https://secwatch.observer/filing/0000320121-26-000004.json
- Plain text: https://secwatch.observer/filing/0000320121-26-000004.txt

## Key facts
- Material Agreements
  TELOS CORP amended Second Amendment to Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent and Lender valued at $15,000,000 (effective 2025-12-30).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent and Lender
  - Value: $15,000,000
  - Effective: 2025-12-30
  source text: On December 30, 2025, Telos Corporation (the “Company”) entered into a Second Amendment to Credit Agreement (the “Second Amendment”) with JPMorgan Chase Bank, N.A., as Administrative Agent and Lender.
  evidence_url: https://www.sec.gov/Archives/edgar/data/320121/000032012126000004/0000320121-26-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.