---
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"
generated_at: "2026-05-30T07:21:50.985817+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Orion Energy extends credit facility maturity to June 2027 with Bank of America

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-119241
- JSON: https://secwatch.observer/filing/0000950170-24-119241.json
- Plain text: https://secwatch.observer/filing/0000950170-24-119241.txt

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