{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-073987","form_type":"8-K","ticker":null,"cik":"0000808326","company_name":"EMCORE CORP","filed_at":"2024-06-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.029169+00:00","generated_at":"2026-06-01T03:06:43.584051+00:00","sec_items":["2.04","5.02"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"EMCORE receives default notice on credit agreement; defaults disputed, interest accrues at 18%","bullets":["Agent alleges defaults for going concern qualification, compliance certificate, notice, and projections under Credit Agreement.","Company disputes going concern and projections defaults; says compliance certificate and notice defaults were cured by June 8 and June 5, 2024.","Interest accruing at default rate of 18% since May 1, 2024; agent has not accelerated debt as of June 21, 2024.","Noel Heiks resigned from Board effective June 17, 2024; Jeffrey Roncka appointed to Audit Committee and Bruce Grooms as Compensation Chair on June 21.","Company is in good faith discussions with agent to address the notices and prevent future defaults."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-073987","json":"https://secwatch.observer/filing/0001104659-24-073987.json","markdown":"https://secwatch.observer/filing/0001104659-24-073987.md","text":"https://secwatch.observer/filing/0001104659-24-073987.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/808326/000110465924073987/0001104659-24-073987-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/808326/000110465924073987/tm2417177d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T03:06:43.584051+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":"38dc510d85","claim":"Noel Heiks resigned as Director at EMCORE CORP.","evidence_excerpt":"On June 17, 2024, Noel Heiks resigned from the Company’s Board of Directors effective on June 17, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/808326/000110465924073987/0001104659-24-073987-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}