---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-002354"
form_type: "8-K"
ticker: "SUIG"
cik: "0001425355"
company_name: "SUI Group Holdings Ltd."
filed_at: "2022-01-10T23:59:59+00:00"
generated_at: "2026-06-27T19:19:09.623933+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Mill City Ventures enters $5M revolving credit facility at 8% interest, secured by all assets

## Summary
- $5M revolving line of credit from Eastman Investment and Lyle A. Berman Revocable Trust, maturing January 3, 2027.
- Interest accrues at 8% per annum; obligations secured by substantially all of Mill City's assets.
- Quarterly unused commitment fee of 0.25% payable in common shares based on net asset value.
- Lenders can terminate credit after January 3, 2023; loan must then be repaid from specified investment proceeds.
- Lenders granted piggyback registration rights for shares issued as commitment fees.

## SEC filing metadata
- accession: 0001104659-22-002354
- form_type: 8-K
- ticker: SUIG
- cik: 0001425355
- company_name: SUI Group Holdings Ltd.
- filed_at: 2022-01-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425355/000110465922002354/0001104659-22-002354-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425355/000110465922002354/tm222358d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-002354
- JSON: https://secwatch.observer/filing/0001104659-22-002354.json
- Plain text: https://secwatch.observer/filing/0001104659-22-002354.txt

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