{"schema_version":"secwatch.filing_event.v1","accession":"0001079973-24-000007","form_type":"8-K","ticker":"PDEX","cik":"0000788920","company_name":"PRO DEX INC","filed_at":"2024-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.924221+00:00","generated_at":"2026-06-07T04:57:16.851839+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Pro-Dex extends credit facility maturity to December 2025, $2.5M drawn","bullets":["Maturity of revolving and supplemental notes extended from Dec 2024 to Dec 29, 2025.","$2.5M drawn on revolving note; $0 drawn on supplemental note as of Dec 29, 2023.","Interest rate: greater of 5.0% or SOFR + 2.5%; default rate increases by 3%.","Supplemental note available for acquisitions and share repurchases.","Amendment adds arbitration clause and standard representations/warranties."],"urls":{"canonical":"https://secwatch.observer/filing/0001079973-24-000007","json":"https://secwatch.observer/filing/0001079973-24-000007.json","markdown":"https://secwatch.observer/filing/0001079973-24-000007.md","text":"https://secwatch.observer/filing/0001079973-24-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/788920/000107997324000007/0001079973-24-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/788920/000107997324000007/pdex_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T04:57:16.851839+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":[{"claim_id":"e8de329bf19f6363898c0e38b42fa5ce04d33f2b","claim":"PRO DEX INC amended credit facility with Minnesota Bank and Trust, a division of HTLF Bank maturing December 29, 2025.","evidence_excerpt":"The Amendment extends the maturity date of the Company’s Amended and Restated Revolving Credit Note (the “Revolving Note”) and the Supplemental Revolving Note (the “Supplemental Note”) with MBT from December 29, 2024, to December 29, 2025.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/788920/000107997324000007/0001079973-24-000007-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"Minnesota Bank and Trust, a division of HTLF Bank"},{"label":"Maturity","value":"December 29, 2025"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"f9ec7b18e380861a72ac156673839c85a5978769","claim":"PRO DEX INC amended Amendment No. 3 to Amended and Restated Credit Agreement with Minnesota Bank and Trust, a division of HTLF Bank valued at $2,500,000 drawn on Revolving Note; maturity extended to December 29, 2025 (effective 2023-12-29).","evidence_excerpt":"On December 29, 2023 (the “Amendment Date”), Pro-Dex, Inc. (the “Company”) entered into Amendment No. 3 to Amended and Restated Credit Agreement (the “Amendment”) with Minnesota Bank and Trust, a division of HTLF Bank (“MBT”), successor by merger to Minnesota Bank and Trust, which amends the Company’s Amended and Restated Credit Agreement, (as amended, the “Credit Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/788920/000107997324000007/0001079973-24-000007-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Minnesota Bank and Trust, a division of HTLF Bank"},{"label":"Value","value":"$2,500,000 drawn on Revolving Note; maturity extended to December 29, 2025"},{"label":"Effective","value":"2023-12-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}