{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-016805","form_type":"8-K","ticker":"ONT","cik":"0001643615","company_name":"Onterris, Inc.","filed_at":"2024-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.954048+00:00","generated_at":"2026-06-05T23:10:34.427988+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Montrose Environmental expands revolver by $50M to $175M and adds $50M term loan","bullets":["Increased revolving credit commitments by $50M to aggregate $175M.","Incurred $50M fourth amendment term loan for working capital and general corporate purposes.","Fourth Amendment dated February 14, 2024, with Bank of America as administrative agent."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-016805","json":"https://secwatch.observer/filing/0000950170-24-016805.json","markdown":"https://secwatch.observer/filing/0000950170-24-016805.md","text":"https://secwatch.observer/filing/0000950170-24-016805.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643615/000095017024016805/0000950170-24-016805-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643615/000095017024016805/meg-20240214.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T23:10:34.427988+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":"01d26d3696a1b714c4f84be286f6dc253ce102c9","claim":"Onterris, Inc. incurred term loan of $50.0 million with Bank of America, N.A., as Administrative Agent.","evidence_excerpt":"such terms in the Credit Agreement or Fourth Amendment, as applicable. Among other things, in the Fourth Amendment, the Parent Borrower: • increased the revolving commitments by $50.0 million and, as a result of such increase, the size of the revolving credit facility is now in the aggregate principal amount of $175.0 million; • incurred the fourth amendment term loan","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643615/000095017024016805/0000950170-24-016805-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$50.0 million"},{"label":"Counterparty","value":"Bank of America, N.A., as Administrative Agent"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"75d1b7cc20d1cdc035a2973d9e1f3d52689866c8","claim":"Onterris, Inc. amended revolving credit of $175.0 million with Bank of America, N.A., as Administrative Agent.","evidence_excerpt":"• increased the revolving commitments by $50.0 million and, as a result of such increase, the size of the revolving credit facility is now in the aggregate principal amount of $175.0 million; • incurred the fourth amendment term loan in the aggregate principal amount of $50.0 million, the proceeds of which will be used to finance working capital and for other general","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643615/000095017024016805/0000950170-24-016805-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$175.0 million"},{"label":"Counterparty","value":"Bank of America, N.A., as Administrative Agent"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"726aa493add2970aa15550e5ae08a4974d364b1b","claim":"Onterris, Inc. amended Fourth Amendment to Credit Agreement and Lender Joinder Agreement with Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer valued at $50.0 million (effective 2024-02-14).","evidence_excerpt":"On February 14, 2024, Montrose Environmental Group, Inc. (the “Parent Borrower”), Montrose Environmental Group Ltd. (the “Canadian Borrower” and together with the Parent Borrower, each, a “Borrower” and collectively, the “Borrowers”), and certain subsidiaries of the Parent Borrower acting as guarantors (the “Guarantors”) entered into the Fourth Amendment to Credit Agreement and Lender Joinder Agreement (the “Fourth Amendment”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1643615/000095017024016805/0000950170-24-016805-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer"},{"label":"Value","value":"$50.0 million"},{"label":"Effective","value":"2024-02-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}