{"schema_version":"secwatch.filing_event.v1","accession":"0000851310-23-000087","form_type":"8-K","ticker":"HLIT","cik":"0000851310","company_name":"HARMONIC INC.","filed_at":"2023-10-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.157758+00:00","generated_at":"2026-06-10T05:06:47.932613+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Harmonic enters $30M receivables sale facility and amends credit agreement to permit it","bullets":["Harmonic signed a $30M Master Receivables Purchase Agreement with JPMorgan to sell accounts receivable.","Fifth Amendment to existing credit facility allows the RPA and sets aggregate indebtedness cap at $50M.","Purchased accounts are excluded from eligible accounts under the credit facility; Comcast accounts are also excluded if sold.","RPA obligations are secured under loan documents; lender retains first-priority lien on amounts JPMorgan owes Harmonic for purchased receivables.","Facility provides up to $30M in additional liquidity, with proceeds used for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0000851310-23-000087","json":"https://secwatch.observer/filing/0000851310-23-000087.json","markdown":"https://secwatch.observer/filing/0000851310-23-000087.md","text":"https://secwatch.observer/filing/0000851310-23-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/851310/000085131023000087/0000851310-23-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/851310/000085131023000087/hlit-20230929.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T05:06:47.932613+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":"ef3dbd235feee3fce0180817f640f792541972a1","claim":"HARMONIC INC. amended Fifth Amendment to Credit Agreement with JPMorgan Chase Bank, N.A. (effective 2023-09-29).","evidence_excerpt":"On September 29, 2023, Harmonic Inc. (the “ Company ”) entered into a fifth amendment (“ Amendment No. 5 ”) to that certain Credit Agreement, dated December 19, 2019, by and among the Company and Harmonic International GmbH, as co-borrowers, and JPMorgan Chase Bank, N.A., as lender (the “ Credit Facility ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/851310/000085131023000087/0000851310-23-000087-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Effective","value":"2023-09-29"}],"fact_type":"material_agreement"},{"claim_id":"fe0dd1478dc4b58e1d74592a1ebb8f0a93d015ef","claim":"HARMONIC INC. entered into Master Receivables Purchase Agreement with JPMorgan Chase Bank, N.A. valued at up to $30 million (effective 2023-09-29).","evidence_excerpt":"On September 29, 2023, the Company entered into a Master Receivables Purchase Agreement (the “ Purchase Agreement ”) with JPMorgan Chase Bank, N.A., as purchaser (the “ Purchaser ”), pursuant to which the Company may, from time to time, sell to the Purchaser certain accounts receivable, in an aggregate outstanding amount of up to $30 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/851310/000085131023000087/0000851310-23-000087-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Value","value":"up to $30 million"},{"label":"Effective","value":"2023-09-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}