secwatch.observer — SEC 8-K summary
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Issuer:     EACO CORP (EACO)
CIK:        0000784539
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001104659-26-021774
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EACO subsidiary extends $20M revolver maturity to Feb 2028; parent guarantees
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- Bisco Industries amended its $20M revolving credit line with Citizens Business Bank, extending maturity to Feb 15, 2028.
- Interest rate floor set at 4.0% per annum, effective Feb 15, 2026.
- Certain financial reporting covenants under the original Business Loan Agreement were modified.
- EACO Corporation executed a Commercial Guaranty guaranteeing up to $20M of Bisco's obligations under the facility.
- Amendment and guaranty both dated Feb 15, 2026; executed Feb 27, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/784539/000110465926021774/0001104659-26-021774-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/784539/000110465926021774/tm267637d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-021774

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