secwatch / observer
8-K filed March 3, 2023, 6:59 PM ET ticker HKHC CIK 0000088000
debt confidence high sentiment neutral materiality 0.55

Horizon Kinetics Holding Corp (HKHC): debt financing — Scott's Liquid Gold enters $250K promissory note at 15% interest, terminates UMB credit facility

Horizon Kinetics Holding Corp

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Horizon Kinetics Holding Corp amended loan of $250,000 with La Plata Capital, LLC at 15% per annum.

Instrument
loan
Principal
$250,000
Counterparty
La Plata Capital, LLC
Rate
15% per annum
Event
amendment
Exact text from the filing
The Second Amendment provides an additional $250,000 through a promissory note with an interest rate of 15% per annum.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Horizon Kinetics Holding Corp amended Second Amendment to La Plata Capital Loan Agreement with La Plata Capital, LLC valued at $250,000 (effective 2023-02-28).

Action
amendment
Agreement
credit facility
Counterparty
La Plata Capital, LLC
Value
$250,000
Effective
2023-02-28
Exact text from the filing
On February 28, 2023, Scott’s Liquid Gold-Inc. (the “Company”) entered into the Second Amendment to La Plata Capital Loan Agreement (the “Second Amendment”), amending its Loan Agreement with La Plata Capital, LLC, dated November 9, 2021.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Horizon Kinetics Holding Corp terminated Loan and Security Agreement with UMB Bank, N.A. (effective 2023-02-27).

Action
termination
Agreement
credit facility
Counterparty
UMB Bank, N.A.
Effective
2023-02-27
Exact text from the filing
On February 27, 2023, the Company terminated its Loan and Security Agreement, with UMB Bank, N.A. The UMB revolving credit facility was paid in full on February 28, 2023.
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Horizon Kinetics Holding Corp filing history →

Source: SEC EDGAR
accession 0000950170-23-005887
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