{"schema_version":"secwatch.filing_event.v1","accession":"0000829323-23-000004","form_type":"8-K","ticker":"INUV","cik":"0000829323","company_name":"Inuvo, Inc.","filed_at":"2023-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.209345+00:00","generated_at":"2026-06-18T10:52:10.436152+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":"Inuvo amends credit facility; $5M line of credit at prime+1.75%","bullets":["Borrowing base set at 80% of eligible accounts receivable; may increase to 85% if trailing 12-month dilution under 7%.","Interest rate is WSJ Prime plus 1.75%; annual commitment fee of $10,000; quarterly unused line fee of 0.20%.","Exit fee of $50,000 if repaid before Feb 28, 2024; $25,000 if repaid before Feb 28, 2025.","Tangible net worth covenant: minimum $150,000 through Dec 31, 2023, then increases $150,000 per quarter.","Amendment fee of $10,000 and documentation fee of $500 paid to Mitsubishi HC Capital."],"urls":{"canonical":"https://secwatch.observer/filing/0000829323-23-000004","json":"https://secwatch.observer/filing/0000829323-23-000004.json","markdown":"https://secwatch.observer/filing/0000829323-23-000004.md","text":"https://secwatch.observer/filing/0000829323-23-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/829323/000082932323000004/0000829323-23-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/829323/000082932323000004/inuv-20230307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T10:52:10.436152+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":"de604ef0edbe5dbd8f703a850fed52b3ce901872","claim":"Inuvo, Inc. amended Agreement with Mitsubishi HC Capital America, Inc. valued at $5,000,000 line of credit commitment (effective 2023-03-01).","evidence_excerpt":"On March 1, 2023, Inuvo, Inc. (“Inuvo”) entered into Amendment No. 1 to Loan and Security Agreement and Collateral Documents (hereinafter referred to, as amended, as the “Agreement”) with Mitsubishi HC Capital America, Inc., f/k/a/ Hitachi Capital America Corp. (“MHCA”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/829323/000082932323000004/0000829323-23-000004-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Mitsubishi HC Capital America, Inc."},{"label":"Value","value":"$5,000,000 line of credit commitment"},{"label":"Effective","value":"2023-03-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}