{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-027089","form_type":"8-K","ticker":"XBP","cik":"0001839530","company_name":"XBP Global Holdings, Inc.","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.479582+00:00","generated_at":"2026-05-15T13:49:42.723259+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"XBP Global amends ABL credit agreement; eliminates $7.5M excess availability covenant","bullets":["Third Amendment to ABL Credit Agreement dated March 6, 2026 eliminates minimum excess availability of $7.5M.","Temporary availability block through June 30, 2026 reduces borrowing capacity if fixed charge coverage ratio below 1.00:1.00.","Advance rate for eligible investment grade billed accounts temporarily increased to 95% through Sept 30, 2026.","Borrowing base calculation adjusted; cash dominion period mechanics amended; deferred revolving loan origination fee reset."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-027089","json":"https://secwatch.observer/filing/0001104659-26-027089.json","markdown":"https://secwatch.observer/filing/0001104659-26-027089.md","text":"https://secwatch.observer/filing/0001104659-26-027089.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1839530/000110465926027089/0001104659-26-027089-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1839530/000110465926027089/xbp-20260306x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T13:49:42.723259+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":"69fc2b3c50b1060ef1e01ab0ef97687921737668","claim":"XBP Global Holdings, Inc. amended Limited Waiver and Third Amendment with MidCap Funding IV Trust, as administrative agent, and the lenders party thereto (effective 2026-03-06).","evidence_excerpt":"On March 6, 2026, XBP Americas, LLC (the “Borrower”), the guarantors party thereto, MidCap Funding IV Trust, as administrative agent (the “Agent”), and the lenders party thereto (the “Lenders”) entered into a Limited Waiver and Third Amendment (the “Third Amendment”) to that certain Credit and Security Agreement, dated as of July 29, 2025 (the “ABL Credit Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1839530/000110465926027089/0001104659-26-027089-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"MidCap Funding IV Trust, as administrative agent, and the lenders party thereto"},{"label":"Effective","value":"2026-03-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}