secwatch.observer — SEC 8-K summary
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Issuer:     HUDSON TECHNOLOGIES INC /NY (HDSN)
CIK:        0000925528
Form:       8-K
Filed at:   2025-06-23T23:59:59+00:00
Accession:  0001104659-25-061667
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hudson Technologies cuts Wells Fargo revolver from $75M to $40M in third amendment
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- Revolver commitments reduced to $40M from $75M; letter of credit sublimit cut to $1.5M from $2M.
- Increased Inventory Period borrowing base cap set at $40M; other times $35M.
- Increased Reporting Event threshold: Excess Availability < 10% of Max Revolver or $4.8M.
- Payment Conditions: after acquisition/repurchase, Excess Availability must exceed 40% Max Revolver ($12.8M) or 30% ($9.6M).
- Swing Loan limit set at $4.8M; no defaults or breach of representations per company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/925528/000110465925061667/0001104659-25-061667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/925528/000110465925061667/tm2518301d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-061667

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