{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-037541","form_type":"8-K","ticker":null,"cik":"0000075340","company_name":"P&F INDUSTRIES INC","filed_at":"2023-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.025399+00:00","generated_at":"2026-06-17T14:01:55.958980+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"P&F Industries extends revolver maturity to Feb 2027, eliminates Capex Loan","bullets":["Amended loan agreement with Capital One extends Revolver Termination Date from Feb 2024 to Feb 2027.","Capex Loan facility eliminated under Amendment No. 11 dated March 24, 2023.","Borrowers include P&F, Florida Pneumatic, and Hy-Tech; multiple subsidiaries guarantee.","Post-closing requirement to deliver trademark security agreements by April 7, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-037541","json":"https://secwatch.observer/filing/0001104659-23-037541.json","markdown":"https://secwatch.observer/filing/0001104659-23-037541.md","text":"https://secwatch.observer/filing/0001104659-23-037541.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/75340/000110465923037541/0001104659-23-037541-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/75340/000110465923037541/tm2310651d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T14:01:55.958980+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":"6854c497116239d73dda3becd4cb886e1c56b104","claim":"P&F INDUSTRIES INC amended revolving credit with Capital One, National Association maturing February 8, 2027.","evidence_excerpt":"The Amendment, among other things, (i) extended the Revolver Termination Date (as defined in the Loan Agreement) from February 8, 2024 to February 8, 2027 and (ii) eliminated the Capex Loan (as defined in the Loan Agreement).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/75340/000110465923037541/0001104659-23-037541-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Counterparty","value":"Capital One, National Association"},{"label":"Maturity","value":"February 8, 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"ea3de3f69bd13ce623930d52877d3b52508fcb5a","claim":"P&F INDUSTRIES INC amended Amendment No. 11 to Second Amended and Restated Loan and Security Agreement with Capital One, National Association, as agent for the lenders (effective 2023-03-24).","evidence_excerpt":"On March 24, 2023, P&F Industries, Inc. (the “Company”), its subsidiaries Florida Pneumatic Manufacturing Corporation (“Florida Pneumatic”) and Hy-Tech (together with the Company and Florida Pneumatic, collectively, “Borrowers”) and the Company’s subsidiaries Jiffy Air Tool, Inc. (“Jiffy”), ATSCO Holdings Corp. (“ATSCO”), Bonanza Properties Corp. (“Properties”), Continental Tool Group, Inc. (“Continental Tool”), Countrywide Hardware, Inc. (“Countrywide”), Embassy Industries, Inc. (“Embassy”), Exhaust Technologies, Inc. (“Exhaust”), Hy-Tech Illinois, Inc. (“Illinois”) and Heisman Acquisition Corp. (together with Jiffy, ATSCO, Properties, Continental Tool, Countrywide, Embassy, Exhaust and Illinois, collectively, “Guarantors”) entered into Amendment No. 11 to Second Amended and Restated Loan and Security Agreement (the “Amendment”), with Capital One, National Association, as agent (the “Agent”) for the lenders (the “Lenders”) from time to time party to the Loan Agreement (as defined belo","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/75340/000110465923037541/0001104659-23-037541-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Capital One, National Association, as agent for the lenders"},{"label":"Effective","value":"2023-03-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}