{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-119241","form_type":"8-K","ticker":"OESX","cik":"0001409375","company_name":"ORION ENERGY SYSTEMS, INC.","filed_at":"2024-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.370276+00:00","generated_at":"2026-05-30T07:21:50.985817+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":"Orion Energy extends credit facility maturity to June 2027 with Bank of America","bullets":["Revolving Credit Line and Term Loan maturity extended from Dec 29, 2025 to June 30, 2027.","Applicable Margin set at Level III + 0.25% until company achieves Fixed Charge Coverage Ratio of 1.0x for two consecutive quarters.","Availability Block of $1,000,000, reducible to $500,000 and then $0 upon meeting Adjusted Fixed Charge Coverage Ratio thresholds.","Borrowers paid $30,000 amendment fee and all reasonable documented out-of-pocket expenses of Lender."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-119241","json":"https://secwatch.observer/filing/0000950170-24-119241.json","markdown":"https://secwatch.observer/filing/0000950170-24-119241.md","text":"https://secwatch.observer/filing/0000950170-24-119241.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1409375/000095017024119241/0000950170-24-119241-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1409375/000095017024119241/oesx-20241030.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T07:21:50.985817+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}