{"schema_version":"secwatch.filing_event.v1","accession":"0000821130-25-000074","form_type":"8-K","ticker":"AD","cik":"0000821130","company_name":"ARRAY DIGITAL INFRASTRUCTURE, INC.","filed_at":"2025-12-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.267595+00:00","generated_at":"2026-05-16T13:26:08.270752+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Array cuts credit facility to $100M from $300M, extends maturity five years","bullets":["Borrowing capacity reduced from $300M to $100M; LC sublimit from $30M to $10M; swing line from $25M to $10M.","Maturity date extended to fifth anniversary of December 8, 2025 effective date.","Credit spread adjustment on Term SOFR (10-25 bps) removed.","Max cash netting for consolidated leverage ratio capped at trailing four-quarter EBITDA.","Aggregate capacity for secured debt at Array and its subsidiaries increased by $300M."],"urls":{"canonical":"https://secwatch.observer/filing/0000821130-25-000074","json":"https://secwatch.observer/filing/0000821130-25-000074.json","markdown":"https://secwatch.observer/filing/0000821130-25-000074.md","text":"https://secwatch.observer/filing/0000821130-25-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/821130/000082113025000074/0000821130-25-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/821130/000082113025000074/ad-20251208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:26:08.270752+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"}