{"schema_version":"secwatch.filing_event.v1","accession":"0001023731-25-000070","form_type":"8-K","ticker":"EGHT","cik":"0001023731","company_name":"8X8 INC /DE/","filed_at":"2025-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.147754+00:00","generated_at":"2026-05-17T21:18:54.719734+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"8x8 amends term loan, reduces principal by $219M since peak, outstanding $127M","bullets":["Executed First Amendment to Term Loan Credit Agreement with Wells Fargo and lenders.","Consolidated total net leverage ratio covenant fixed at 4.50x for duration of agreement.","Acquisition flexibility added: up to $25M of aggregate consideration exempt from certain ratio tests.","Outstanding term loan principal $127M after $10M prepayment; no mandatory FY2026 payments until June 30, 2026.","Company has reduced term loan by $219M (~40%) since August 2022 peak."],"urls":{"canonical":"https://secwatch.observer/filing/0001023731-25-000070","json":"https://secwatch.observer/filing/0001023731-25-000070.json","markdown":"https://secwatch.observer/filing/0001023731-25-000070.md","text":"https://secwatch.observer/filing/0001023731-25-000070.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023731/000102373125000070/0001023731-25-000070-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023731/000102373125000070/eght-20250729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T21:18:54.719734+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"}