{"schema_version":"secwatch.filing_event.v1","accession":"0001079973-24-001167","form_type":"8-K","ticker":"PDEX","cik":"0000788920","company_name":"PRO DEX INC","filed_at":"2024-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.885557+00:00","generated_at":"2026-05-31T13:17:45.613175+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Pro-Dex enters $5M Term Loan C to refinance revolving debt and fund stock buybacks","bullets":["New $5M Term Loan C refinances $3M revolving balance; $2M+ available for stock repurchases under 10b5-1 plan.","Term Loan C requires monthly principal of $83,333 plus accrued interest; matures August 1, 2029.","Interest rate is greater of 5.0% or one-month SOFR + 2.5%; default rate adds 3%.","Amended credit agreement retains $7M revolving capacity through August 2026.","Lender required borrower to enter an Interest Rate Protection Agreement as condition."],"urls":{"canonical":"https://secwatch.observer/filing/0001079973-24-001167","json":"https://secwatch.observer/filing/0001079973-24-001167.json","markdown":"https://secwatch.observer/filing/0001079973-24-001167.md","text":"https://secwatch.observer/filing/0001079973-24-001167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/788920/000107997324001167/0001079973-24-001167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/788920/000107997324001167/pdex_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:17:45.613175+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"}