{"schema_version":"secwatch.filing_event.v1","accession":"0000353184-23-000113","form_type":"8-K","ticker":"AIRT","cik":"0000353184","company_name":"AIR T INC","filed_at":"2023-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.317989+00:00","generated_at":"2026-06-11T00:15:04.728082+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Air T subsidiary extends $25M revolving credit facility to November 2025","bullets":["Contrail Aviation Support (79%-owned Air T subsidiary) amended $25M revolver with Old National Bank.","Maturity extended to November 24, 2025; facility size and interest rate (1M SOFR + 3.56448%) unchanged.","Change-in-control default provision revised: default triggered if CEO Joe Kuhn (or acceptable CEO) leaves or stops overseeing operations.","$50,000 renewal fee paid; no new borrowings; terms otherwise substantially the same."],"urls":{"canonical":"https://secwatch.observer/filing/0000353184-23-000113","json":"https://secwatch.observer/filing/0000353184-23-000113.json","markdown":"https://secwatch.observer/filing/0000353184-23-000113.md","text":"https://secwatch.observer/filing/0000353184-23-000113.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/353184/000035318423000113/0000353184-23-000113-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/353184/000035318423000113/airt-20230905.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T00:15:04.728082+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":[{"claim_id":"dc6727d91a07d9c11417f000b637228917395f77","claim":"AIR T INC amended Sixth Amendment to Supplement #2 to Master Loan Agreement with Old National Bank (effective 2023-09-05).","evidence_excerpt":"On August 30, 2023, Contrail Aviation Support, LLC (“CAS”) a 79%-owned subsidiary of Air T, Inc., entered into the Sixth Amendment to Supplement #2 to Master Loan Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/353184/000035318423000113/0000353184-23-000113-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Old National Bank"},{"label":"Effective","value":"2023-09-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}