{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-091215","form_type":"8-K","ticker":"TULP","cik":"0000875355","company_name":"BLOOMIA HOLDINGS, INC.","filed_at":"2025-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.540816+00:00","generated_at":"2026-05-17T06:19:08.610774+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Lendway amends credit facility (temporarily to $10M) and issues $4M promissory notes to related parties at 13.5%","bullets":["Revolver limit temporarily increased from $6M to $10M through Apr 30, 2026; interest at term SOFR + 3%-4% margin; $6.1M outstanding as of Sep 18.","$4M unsecured promissory notes issued to Air T, AO Partners, and Gary Kohler (related parties) at 13.5% fixed, maturing June 1, 2027; proceeds for Bloomia operations.","Senior cash flow leverage ratio covenants: 4.75x for Q1 & Q2 FY2026, stepping to 2.25x by FY2028.","Lendway required to make $4M cash equity contribution to Bloomia Acquisition subsidiary by Sep 30, 2025.","Tulp 24.1 LLC agreement amended to fix membership interests, prioritize capital return, and exclude $4M contribution from pre-emptive rights."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-091215","json":"https://secwatch.observer/filing/0001104659-25-091215.json","markdown":"https://secwatch.observer/filing/0001104659-25-091215.md","text":"https://secwatch.observer/filing/0001104659-25-091215.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/875355/000110465925091215/0001104659-25-091215-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/875355/000110465925091215/ldwy-20250915x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:19:08.610774+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":"11bbfa00637dd06d22860d2880816d6ee5566ef2","claim":"BLOOMIA HOLDINGS, INC. incurred loan of total of $4.0 million with Air T, Inc., AO Partners I, L.P., and Gary S. Kohler at 13.5% per year maturing June 1, 2027.","evidence_excerpt":"and Gary S. Kohler (“Kohler,” and, together with Air T and AO Partners Fund, the “Note Lenders”), pursuant to which the Lenders have agreed to lend to the Company a total of $4.0 million, in the amounts of $1,100,156, $1,699,844, and $1,200,000, respectively. Proceeds from the notes are expected to be used to fund operation of the Bloomia business. Amounts","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/875355/000110465925091215/0001104659-25-091215-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"total of $4.0 million"},{"label":"Counterparty","value":"Air T, Inc., AO Partners I, L.P., and Gary S. Kohler"},{"label":"Rate","value":"13.5% per year"},{"label":"Maturity","value":"June 1, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"9eb266b6a22bda3225b46bfa46be1d3ad3e0d434","claim":"BLOOMIA HOLDINGS, INC. amended credit facility of increased from $6,000,000 to $10,000,000 with Associated Bank, N.A. at term SOFR rate...plus an applicable margin, with a range from 3.00% to 4.00%.","evidence_excerpt":"party thereto (the “Agent”). Under the Credit Agreement, as amended (the “Credit Agreement”), among other things, the revolving facility capacity was temporarily increased from $6,000,000 to $10,000,000 and the definition of eligible inventory will continue to include inventory in the Netherlands, in each case until April 30, 2026. Additionally, the senior cash","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/875355/000110465925091215/0001104659-25-091215-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"increased from $6,000,000 to $10,000,000"},{"label":"Counterparty","value":"Associated Bank, N.A."},{"label":"Rate","value":"term SOFR rate...plus an applicable margin, with a range from 3.00% to 4.00%"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}