{"schema_version":"secwatch.filing_event.v1","accession":"0000353184-26-000098","form_type":"8-K","ticker":"AIRT","cik":"0000353184","company_name":"AIR T INC","filed_at":"2026-09-04T20:33:24+00:00","discovered_at":"2026-09-04T20:36:00.232924+00:00","generated_at":"2026-09-04T20:36:04.514538+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Air T amends Alerus credit facility: revolver raised to $25M, term loans consolidated","bullets":["Revolving credit commitment increased from $20M to $25M; maturity extended to Aug 27, 2029.","Consolidated Term Note of $11.46M consolidates Term Loan A, C, and overline loans; monthly payments $95,500 through Aug 2029, then $119,375 through Aug 2031.","Borrowing base revised: 85% investment-grade accounts, 80% other accounts, 50% inventory, 40% WIP; inventory+WIP capped at 75% of base.","Accordion option: up to $3.5M for one 120-day period per fiscal year, with 0.50% origination fee.","Interest: SOFR + margin (initial 2.50%, range 2.25-2.75%); leverage ratio max 3.00:1.00; unused fee 0.25%."],"urls":{"canonical":"https://secwatch.observer/filing/0000353184-26-000098","json":"https://secwatch.observer/filing/0000353184-26-000098.json","markdown":"https://secwatch.observer/filing/0000353184-26-000098.md","text":"https://secwatch.observer/filing/0000353184-26-000098.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/353184/000035318426000098/0000353184-26-000098-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/353184/000035318426000098/airt-20260904.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-04T20:36:04.514538+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"}