{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-033880","form_type":"8-K","ticker":"XELB","cik":"0001083220","company_name":"XCel Brands, Inc.","filed_at":"2026-03-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.515406+00:00","generated_at":"2026-05-15T09:09:39.927561+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Xcel Brands amends loan pact; posts $500K cash collateral, eases liquidity covenant to $0","bullets":["Amended credit agreement to transfer up to $500K from Blocked Account to cash collateral securing obligations.","Liquid asset covenant reduced to $500K less applied collateral prior to First Out repayment, then $0.","Transaction closing deadline extended to March 24, 2026.","Amendment dated March 20, 2026, with lenders including First Eagle funds (FEAC Agent, LLC)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-033880","json":"https://secwatch.observer/filing/0001104659-26-033880.json","markdown":"https://secwatch.observer/filing/0001104659-26-033880.md","text":"https://secwatch.observer/filing/0001104659-26-033880.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083220/000110465926033880/0001104659-26-033880-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083220/000110465926033880/xelb-20260320x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:09:39.927561+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}