---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-082301"
form_type: "8-K"
ticker: "FLXS"
cik: "0000037472"
company_name: "FLEXSTEEL INDUSTRIES INC"
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T23:09:50.495475+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Flexsteel reduces revolving credit facility to $55M via third amendment to Wells Fargo agreement

## Summary
- Third Amendment to Credit Agreement with Wells Fargo sets Maximum Revolver Amount at $55 million.
- No outstanding borrowings under the revolving line of credit as of June 3, 2025.
- Covenant and increased reporting triggers now threshold at greater of 10% of $55M or $5.5M availability.
- Company initiated the reduction to better align with current and projected borrowing needs.

## SEC filing metadata
- accession: 0000950170-25-082301
- form_type: 8-K
- ticker: FLXS
- cik: 0000037472
- company_name: FLEXSTEEL INDUSTRIES INC
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/37472/000095017025082301/0000950170-25-082301-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/37472/000095017025082301/flxs-20250603.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-082301
- JSON: https://secwatch.observer/filing/0000950170-25-082301.json
- Plain text: https://secwatch.observer/filing/0000950170-25-082301.txt

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