{"schema_version":"secwatch.filing_event.v1","accession":"0000707388-24-000028","form_type":"8-K","ticker":null,"cik":"0000707388","company_name":"STAR EQUITY HOLDINGS, INC.","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.724734+00:00","generated_at":"2026-06-03T06:53:12.139987+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Star Equity subsidiary KBS Builders secures $4M revolving credit line with KeyBank","bullets":["KBS Builders closed a $4M revolving line of credit with KeyBank National Association on April 24, 2024.","Borrowings bear interest at Adjusted Daily SOFR plus 3.00%; principal due April 30, 2025, extendable by approval.","Line is guaranteed by Star Equity Holdings and secured by KBS Builders' inventory, equipment, accounts, and intangibles.","Proceeds will be used for working capital requirements and to support KBS Builders' business plan.","CFO David Noble cites financial flexibility for KBS and Star's growth initiatives."],"urls":{"canonical":"https://secwatch.observer/filing/0000707388-24-000028","json":"https://secwatch.observer/filing/0000707388-24-000028.json","markdown":"https://secwatch.observer/filing/0000707388-24-000028.md","text":"https://secwatch.observer/filing/0000707388-24-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/707388/000070738824000028/0000707388-24-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/707388/000070738824000028/strr-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:53:12.139987+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":"f1e695314ab577d582de61a892223d92998553f5","claim":"STAR EQUITY HOLDINGS, INC. incurred revolving credit of $4,000,000 with Keybank National Association at Adjusted Daily SOFR Rate plus 3% maturing April 30, 2025.","evidence_excerpt":"On April 24, 2024, KBS Builders, Inc. (the “Borrower”), a wholly-owned subsidiary of the Star Equity Holdings, Inc. (the “Company”), entered into a Loan and Security Agreement (the “Keybank Loan Agreement”) with Keybank National Association (“Keybank”) providing the Borrower with a working capital line of credit of up to $4,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/707388/000070738824000028/0000707388-24-000028-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$4,000,000"},{"label":"Counterparty","value":"Keybank National Association"},{"label":"Rate","value":"Adjusted Daily SOFR Rate plus 3%"},{"label":"Maturity","value":"April 30, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"415556d6dd9c1dadcce359efca1d773f5173e1d0","claim":"STAR EQUITY HOLDINGS, INC. entered into Loan and Security Agreement with Keybank National Association valued at up to $4,000,000 (effective 2024-04-24).","evidence_excerpt":"On April 24, 2024, KBS Builders, Inc. (the “Borrower”), a wholly-owned subsidiary of the Star Equity Holdings, Inc. (the “Company”), entered into a Loan and Security Agreement (the “Keybank Loan Agreement”) with Keybank National Association (“Keybank”) providing the Borrower with a working capital line of credit of up to $4,000,000","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/707388/000070738824000028/0000707388-24-000028-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Keybank National Association"},{"label":"Value","value":"up to $4,000,000"},{"label":"Effective","value":"2024-04-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}