{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-020145","form_type":"8-K/A","ticker":null,"cik":"0001401395","company_name":"Neptune Wellness Solutions Inc.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.706433+00:00","generated_at":"2026-06-15T06:07:43.636499+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Neptune Wellness subsidiary Sprout secures $7.5M inventory financing facility","bullets":["Sprout Foods entered amendment on April 21, 2023, increasing maximum credit to $7.5M from $5M.","New inventory finance rider added to existing accounts receivable factoring facility.","Advances up to 50% of eligible inventory (lower of cost/market) or 75% of net orderly liquidation value.","Interest rate prime plus 1% with an 8% minimum; 12-month initial term with auto-renewal.","Inventory line provides working capital for product expansion and supply chain efficiency."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-020145","json":"https://secwatch.observer/filing/0000950170-23-020145.json","markdown":"https://secwatch.observer/filing/0000950170-23-020145.md","text":"https://secwatch.observer/filing/0000950170-23-020145.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1401395/000095017023020145/0000950170-23-020145-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1401395/000095017023020145/nept-20230123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T06:07:43.636499+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":"e8a85352d70179dc551e8dcd85078acac6e6cd37","claim":"Neptune Wellness Solutions Inc. amended credit facility of $7,500,000 with Alterna Capital Solutions LLC at prime plus 1% with a minimum interest rate of 8% per annum maturing twelve (12) months from January 20, 2023.","evidence_excerpt":"(\"Sprout\") and Alterna Capital Solutions LLC (the \"Lender\"), and a related Inventory Finance Rider (the \"Rider\"), dated as of April 21, 2023, by and between Sprout and the Lender.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401395/000095017023020145/0000950170-23-020145-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$7,500,000"},{"label":"Counterparty","value":"Alterna Capital Solutions LLC"},{"label":"Rate","value":"prime plus 1% with a minimum interest rate of 8% per annum"},{"label":"Maturity","value":"twelve (12) months from January 20, 2023"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"9b079f93ff74be93ecb433a97a6b1e7ea6cca961","claim":"Neptune Wellness Solutions Inc. entered into Inventory Finance Rider with Alterna Capital Solutions LLC (effective 2023-04-21).","evidence_excerpt":"Sprout Foods, Inc. (\"Sprout\") and Alterna Capital Solutions LLC (the \"Lender\"), and a related Inventory Finance Rider (the \"Rider\"), dated as of April 21, 2023, by and between Sprout and the Lender.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401395/000095017023020145/0000950170-23-020145-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Alterna Capital Solutions LLC"},{"label":"Effective","value":"2023-04-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}