---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-044146"
form_type: "8-K"
ticker: "SSTI"
cik: "0001351636"
company_name: "SOUNDTHINKING, INC."
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T04:41:32.238004+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SoundThinking borrows $7M under Umpqua Bank revolver to fund SafePointe acquisition

## Summary
- Borrowed $7.0 million on August 17, 2023 under Credit Agreement with Umpqua Bank.
- Proceeds partially fund acquisition of SafePointe LLC, an intelligent weapons detection provider.
- Total revolver commitment is $25.0 million; $18.0 million remains undrawn after the draw.
- Interest options: base rate (greater of prime or SOFR+1.0%) or term SOFR plus 2.0%.

## SEC filing metadata
- accession: 0000950170-23-044146
- form_type: 8-K
- ticker: SSTI
- cik: 0001351636
- company_name: SOUNDTHINKING, INC.
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1351636/000095017023044146/0000950170-23-044146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1351636/000095017023044146/ssti-20230817.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-044146
- JSON: https://secwatch.observer/filing/0000950170-23-044146.json
- Plain text: https://secwatch.observer/filing/0000950170-23-044146.txt

## Key facts
- Debt Financings
  SOUNDTHINKING, INC. incurred revolving credit of $7.0 million with Umpqua Bank at base rate ... or ... term SOFR rate ... plus 2.0% per annum.
  - Instrument: revolving credit
  - Principal: $7.0 million
  - Counterparty: Umpqua Bank
  - Rate: base rate ... or ... term SOFR rate ... plus 2.0% per annum
  - Event: incurrence
  source text: On August 17, 2023, SoundThinking, Inc. (the “Company”) borrowed $7.0 million under its Credit Agreement with Umpqua Bank, dated as of September 27, 2018, as amended (the “Credit Agreement”), the proceeds of which were used to partially fund the acquisition by the Company of the membership interests of SafePointe LLC, an intelligent weapons detection provider, on August 18, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1351636/000095017023044146/0000950170-23-044146-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.