{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-000856","form_type":"8-K","ticker":"STKS","cik":"0001399520","company_name":"ONE Group Hospitality, Inc.","filed_at":"2023-01-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.754572+00:00","generated_at":"2026-06-20T20:14:21.183090+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"One Group Hospitality draws $50M delayed term loan at SOFR+6.50%, repays $5M revolver","bullets":["Borrowed $50M under delayed draw term facility on Dec 28, 2022.","Repaid $5M on its revolving credit facility.","Loan bears interest at SOFR plus 6.50%, matures August 6, 2026.","Proceeds held to accelerate restaurant openings, capex, share repurchases, or acquisitions.","Cash balances earn approximately 3.75% interest income."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-000856","json":"https://secwatch.observer/filing/0001104659-23-000856.json","markdown":"https://secwatch.observer/filing/0001104659-23-000856.md","text":"https://secwatch.observer/filing/0001104659-23-000856.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1399520/000110465923000856/0001104659-23-000856-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1399520/000110465923000856/tm231564d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T20:14:21.183090+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":"3f8edc7ac82716184c54992ece02dd32d39ce529","claim":"ONE Group Hospitality, Inc. incurred term loan of $50 million with Goldman Sachs Bank USA, as collateral agent, and Goldman Sachs Specialty Lending Group, L.P., as administrative agent at SOFR plus 6.50% maturing August 6, 2026.","evidence_excerpt":"On December 28, 2022, the Company borrowed $50 million of the delayed draw term facility and repaid $5 million on its revolving credit facility.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1399520/000110465923000856/0001104659-23-000856-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$50 million"},{"label":"Counterparty","value":"Goldman Sachs Bank USA, as collateral agent, and Goldman Sachs Specialty Lending Group, L.P., as administrative agent"},{"label":"Rate","value":"SOFR plus 6.50%"},{"label":"Maturity","value":"August 6, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}