{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-003479","form_type":"8-K","ticker":"GLXZ","cik":"0000013156","company_name":"Galaxy Gaming, Inc.","filed_at":"2025-01-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.269420+00:00","generated_at":"2026-05-28T06:21:02.085470+00:00","sec_items":["1.01","1.02","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Galaxy Gaming completes debt refinancing: $12.6M debt reduction, ~$2.8M annual interest savings","bullets":["New $45M term loan + $2M revolver (undrawn) with BMO Bank, due 2030 (or earlier if Evolution Malta merger not closed by Dec 31, 2025).","Total debt reduced by $12.6M; annual interest savings ~$2.8M vs Sep 30, 2024 levels.","Initial rate SOFR+3.50%; previous Fortress Credit loan (due 2026) fully repaid and terminated.","CFO states long-term net debt leverage target of 2.5-3.0x Adjusted EBITDA.","New facilities secured by substantially all assets; guaranteed by domestic subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-003479","json":"https://secwatch.observer/filing/0000950170-25-003479.json","markdown":"https://secwatch.observer/filing/0000950170-25-003479.md","text":"https://secwatch.observer/filing/0000950170-25-003479.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/13156/000095017025003479/0000950170-25-003479-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/13156/000095017025003479/glxz-20250106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T06:21:02.085470+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"}